Line of Credit
Life could be a lot easier if you could pluck money from trees any time you needed it. Since that's not going to happen, the next best thing is a pre-approved line of credit from Zia Credit Union.
You have instant access to funds anytime you need them. Unlike a term loan, you don't pay interest on the full amount. You only pay for what you use, if and when you use it.
- Summary
- Revolving line of credit
- Access funds easily anytime you need them
- Re-access without re-applying
- Low interest rates
- Only pay interest on what is used
- Minimum draw is $200
- Also acts as fee-free overdraft protection
- Local decision-making
Homeowners can utilize the equity in their home for a home equity line of credit, which may be tax deductible.
