A Look at Personal Lines of Credit
When you are looking to make a sizeable purchase or investment but would prefer not to draw from your savings account or checking account in O’Fallon, a personal line of credit may be an option worth looking into. Before taking this route, however, it is important to gain an understanding of the process.
Unlike a personal loan, a personal line of credit can be repeatedly accessed; as long as you continue to pay it back as you use it, you can enjoy access to additional funds. At GCS Credit Union, personal lines of credit range from $500 to $15,000. You can receive your funds in a variety of ways including by telephone and online banking.
If you would like a closer look at personal lines of credit , call GCS Credit Union at (618) 797-7993 or visit our website. Our credit union is happy to take care of the O’Fallon area’s online banking needs. We also offer different types of checking accounts and personal loans to satisfy your financial needs.