What Does Your Homeowners’ Insurance Cover?
Personal Line of Credit
With a Choice One line of credit, you can draw the money you need when you want it. It’s a great option when you know you will be needing money, but aren’t exactly sure how much. A line of credit is similar to a credit card. You can borrow up to your pre-approved credit limit, and as you pay it back the principal becomes available again. Plan ahead for major expenses like home repairs or tuition costs with the help of a personal LOC. You’ll have a bit of a financial cushion with convenient access to cash when you want it. Once you are approved, you simply withdraw the money as you need it. It’s that easy.