Lines of Credit 

Flexible Access to Funds When You Need Them

A line of credit is a great way to have money available when you need it most—without the need for a credit card. Whether you're shopping for essentials, taking a vacation, handling unexpected medical or repair bills, or just need to cover a few checks until payday, a line of credit gives you easy access to funds.

How Does a Line of Credit Work?

Much like a credit card, you have a predetermined limit and the flexibility to borrow as needed. The difference? No card, no fees for non-use, just straightforward access to cash when you need it.

·       Easy Access: Simply contact us to advance money from your line of credit, and we can deposit it directly into your account, send you a check, or provide cash.

·       Flexible Repayment: Set up automatic payments directly from your paycheck to help you repay your line of credit, making it even easier to stay on track financially.

Types of Lines of Credit at Ripple Credit Union

·       Quick Cash Line of Credit: An unsecured option that provides quick access to cash for everyday expenses.

·       Home Equity Line of Credit (HELOC): A secured line of credit, backed by the equity in your home, offering larger credit limits and often lower interest rates.