If you run into a financial emergency, how do you deal with it? Are you able to fall back on emergency savings that you put aside for instances just like this? Or are you left wondering how you’re going to get out of this situation with your finances relatively unscathed? Your main goal should be to put yourself in a position to deal with any emergencies you might face by putting aside money ahead of time in an emergency fund. But if you’re not in a position to do so, it’s important to be aware of what your other options may be.
So, if you need a short-term financial solution to help you take care of an emergency expense, personal loans online may be able to help! With a CC Flow Line of Credit in Arizona, you may be able to qualify for a personal line of credit with a credit limit between $500 to $2,500.
The CC Flow Line of Credit is provided by CC Flow, a division of Capital Community Bank (CCBank), a Utah Chartered bank, located in Provo, Utah, Member FDIC. CC Flow maintains control over loan origination, underwriting approvals, and regulatory and compliance oversight management. The CC Flow Line of Credit is available through MoneyKey, an authorized servicer.
Borrowing money online doesn’t need to be intimidating, as submitting a request for this Arizona Line of Credit is quick and easy. It’s a simple process and the terms are clearly laid out in your credit agreement. If approved, you may be able to get your funds deposited from CC Flow into your bank account on the same business day that you request a draw*!
What constitutes an emergency situation can vary from one person to the next. If a tire on your car goes flat, you may be able to comfortably go without driving for the next few weeks while you save up for the cost of a repair. On the other end of the spectrum, there may be people who rely on their car to get to work and would be forced to miss time if they couldn’t drive. You’ll need to determine what an emergency is for yourself. Having said that, there are some emergency situations that may be more common than others. This can include things like:
In any case, a line of credit may be able to help you deal with your emergency expense! Here are some of the key details of a CC Flow Line of Credit.
If approved, your credit limit will range between $500 and $2,500, depending on certain criteria. Depending on eligibility and payment history over time, your credit limit may increase up to $3,500†.
If you’re in need of funds, you can withdraw however much money you need from your available credit, as long as your account remains in good standing. This could be all the funds you have available to you in that moment, or you could draw funds in smaller amounts.
If you have an outstanding balance on your account, you will need to make a Minimum Payment for each Billing Cycle.
Your Minimum Payment will be made up of two components:
You can always make additional payments on your Line of Credit. Log into your secure account to make a payment online. Contact a friendly Customer Care agent at 1-866-255-1668 if you have any questions.
If you have an outstanding balance, you will be charged a Billing Cycle Charge each billing cycle based on the Average Daily Principal Balance that appears on your periodic statement. A portion of each Minimum Payment will always contribute to paying off your principal balance.
For further details, visit the CC Flow Cost of Credit page.
The CC Flow Line of Credit is provided by CC Flow, a division of Capital Community Bank, a Utah Chartered bank, located in Provo, Utah, Member FDIC. Requests for the CC Flow Line of Credit can be submitted through the MoneyKey website.
In order to request a CC Flow Line of Credit in Arizona, you must:
Please note that currently, no credit products offered through MoneyKey have rates that would meet the requirements applicable to lend to covered members of the US Armed Forces and their dependents.
To apply for a CC Flow Line of Credit, you will not need to make any sort of appointment. You can apply online as long as you have Internet access. If you’d like to submit a request, all you need to do is click here to start the application process. It’s easy to submit a request for this online Line of Credit in Arizona and it only takes a few minutes to complete◆.
If you’d like more information on this process, you can call us at 1-866-255-1668 and someone from the Customer Care team will be happy to help you.
Yes, in general, you’re encouraged to pay down as much of your line of credit balance as you’re able to. Making on time payments will keep your account in good standing, and paying more than the minimum will decrease the amount of charges you’ll end up owing. If you’d like to make additional payments, log into your secure online account any time to make a payment or contact 1-866-255-1668.
You’ll typically be able to complete the application process for a CC Flow Line of Credit in Arizona in just a few minutes, and if you’re approved, you may be able to request a draw and receive your funds from CC Flow as soon as the same business day*. You can take a look at the general FAQs section to learn more about the specific details regarding funding times.
If you need a personal line of credit to help you deal with an unexpected expense, a CC Flow Line of Credit may be able to help! You can submit a request from anywhere you can access the Internet. As you can request this online Line of Credit 24/7, you won’t need to worry about travel time or business hours!
Making payments on your line of credit (if you’ve been able to make them all in a timely manner over a relatively long period) can impact your credit history as long as they’re being reported to a credit bureau. You should always aim to make your payments in a timely manner, otherwise you risk having a negative impact on your credit score.
No, payday loans are a different type of loan. An online payday loan is a type of short-term personal loan that you’ll be required to pay back by your next pay date. There are some important differences between these two types of loans.
One of the most significant distinctions is that, unlike payday loans, with a line of credit, you won’t need to pay back what you’ve borrowed on your next payday. A line of credit falls under the umbrella of revolving credit. What this means is that if you made a draw on your line of credit, you’ll need to at least make a minimum payment during each payment cycle to keep your account in good standing. Do your best to pay more than the minimum amount required when you have the capacity to. This can help to reduce your outstanding balance and lower the total amount of charges you’ll need to pay.
Like we’ve already mentioned, a line of credit is a form of revolving credit. If you go through the application process and get approved, you’ll gain access to a pre-determined credit limit, and you’ll be able to draw from your available credit as needed.
With a CC Flow Line of Credit in Arizona, you will be charged billing cycle charges based on the money that you’ve drawn, not on the total amount of your approved credit limit. If you have an outstanding balance, you’ll be required to make Minimum Payments each Billing Cycle to keep your Line of Credit account in good standing. You can request draws from your available credit so long as your account is in good standing.
You won’t gain access to a credit limit if you get approved for an installment or payday loan. Instead you’ll get your funds in the form of a lump sum. If you’re approved for a payday loan online, you’ll need to pay back what you owe by your next pay date. With an installment loan, your payments will be spread out over a series of scheduled payments.