Line of Credit
Add a line of credit to your finances and give yourself a cushion for life’s unexpected moments.
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What is it?
One of the most useful financial management tools is a Money One line of credit. It gives you immediate access to funds whenever you might need them.
If you’re approved, you don’t have to wait to get the money you need. Instead of interest on the entire amount like an up-front loan, you only pay interest on the portion you use, if you use it.
What are the Benefits?
- Immediate access to funds
- Re-use without re-applying
- Low, variable rate
- Only pay interest on what you use
- Funds can be used for any purpose
- Pre-approved line for financial security and flexibility
- Access funds via check, phone, ATM, in person, or mail
- Can be used as overdraft protection
