Line of Credit (Unsecured)

Some expenses you see coming. Others just show up.

A personal line of credit gives you access to funds you can use anytime, without having to reapply each time you need it.

How this works in real life

You're approved for a set limit, and from there, it's yours to use when you need it.

• Car repair you didn't plan for
• Covering a gap between paychecks
• Backup for your checking account

You can draw from it, pay it down, and use it again.

What to expect

• Borrow up to $25,000
• No collateral required
• Revolving access to funds (similar to a credit card, but with a set limit)
• Can be linked to checking for overdraft protection

Where it fits

This makes the most sense if you:

• Want flexibility instead of a one-time loan
• Like having a backup in place before you need it
• Don't want to apply for a new loan every time something comes up