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Personal Line of Credit 
The Credit Union Line-of-Credit is a sensible
part of your money management program, protecting your account and
maximizing your buying power. A Line-of-Credit is an approved,
ongoing credit limit that you access by simply writing a cheque or
using your debit card.
You pay interest on the exact amount you borrow and only for the
number of days you've used it; at rates substantially below retail
credit cards.
It's ready cash when you need it for such things as travel,
unforeseen expenditures or to take advantage of savings on those
uniquely priced one-time bargains! The Credit Union Line-of-Credit
also works as your overdraft protection avoiding unnecessary NSF
fees and having cheques returned due to inadequate funds.
Personal Line-of-Credit Highlights:
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Pre-approved, ongoing credit limit.
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Monthly payments are 3% of credit utilized.
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Interest is calculated on the credit utilized.
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Payments may be made through payroll deduction.
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