Open End Line of Credit
One alternative loan option Solutions CU offers is an open end line of credit. A line of credit is a pre-approved, open-end loan financed up to a certain limit, from which you may repay and withdraw repeatedly. The maximum amount of money that a member may borrow is based on their credit score, yearly income and debt ratio.
Features of an open end line of credit:
- Variable rate
- The maximum credit line is $5,000
- Repayment schedule of 12 to 60 months.
Open End Line of Credit
APR | Info and/or Terms |
---|---|
9.50% - 14.00% | 12 - 60 months |
Apply online for your open end line of credit today.
To determine whether an open-end line of credit may be right for you, call (607) 734-7144 to speak to one of our representatives