pERSONAL Line of Credit
Get the freedom and flexibility you need...
To meet those every day financial challenges by securing a PersonalLine-of-Credit from Chaffey Federal Credit Union.
Whatever your goals might be, CFCU is here to help you get there.
Line-of-Credit:
Maximum loan amount $15,000.00
Minimum loan amount $500.00
Fixed rates as low as 9.00% APR*
Or if you prefer, you may call (833) 282-1033 to book an appointment!
Why a Personal Line-of-Credit?
The biggest difference between a personal loan and line of credit is how the borrowed funds are paid out. With a personal loan, the amount borrowed is set and paid out once in a large sum. The line of credit will have a credit limit, and the borrower can take out as much or as little money as needed, up to that limit.
Common uses for a Line of Credit
Home Improvements
Pay off higher interest loans
Consolidating debt
Car repairs
Vacation & Travel
Medical bills
Taxes
Education costs
Unexpected expenses!
Benefits to a CFCU Personal Line-of-Credit
No annual fee
No prepayment fees
Competitive Rates
No application fees
Quick loan approval
No collateral required, just your good name, a good credit score and a promise to pay the loan back! *