Facing an emergency expense can be a scary proposition, so it’s important that you have a plan to deal with one if the need strikes. While an emergency fund should be your first defense in these types of situations, what do you do if your savings are running low and you need a short-term influx of cash?
In cases like this, a personal loan online may be able to help! With a CC Flow Line of Credit in Florida, 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.
If you thought that applying for a line of credit online would be complicated, then you have nothing to worry about! Submitting a request for this Florida Line of Credit is fast and easy. The process is straightforward, and the terms are clearly laid out in your credit agreement. If approved, you may be able to get your funds deposited into your bank account on the same business day that you request a draw*!
Emergency expenses can come in all sorts of shapes and sizes, including things like unexpected car repairs, essential home repairs, or even an unplanned trip to the emergency room. Whatever the case may be, line of credit may be the short-term solution you need to help you deal with your 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, you must:
Please note that currently, no credit products offered through MoneyKey have rates that would meet the requirements applicable to lending to covered members of the US Armed Forces and their dependents.
You will not need to make an appointment to apply for a CC Flow Line of Credit. If you’d like to submit a request, simply click here to begin the process. Submitting a request for this Line of Credit in Florida online is easy and 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, you can. In fact, keeping your account in good standing and making additional payments can help you pay down your balance, increase your available credit and decrease your charges. 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.
If you’re in need of a personal line of credit to help you with an emergency expense, a CC Flow Line of Credit may be the right choice for you! You can submit a request from anywhere you can access internet; the process is fast and simple. As you can request this online Line of Credit 24/7, there’ll be no need to account for travel time or business hours!
If your payments are being reported to a credit bureau and you’ve been able to make them all in a timely manner over a relatively long period, you may be able to impact your credit history. However, missing payments or making late payments on your line of credit or personal loan may have a negative impact on your credit score.
No, this product is not the same as a payday loan. An online payday loan is a type of short-term personal loan that requires you to pay back what you owe by your next pay date. This is an online line of credit which works differently than a payday loan in a number of ways.
With a line of credit, you will not be required to pay back what you’ve borrowed on your next payday. Generally, a line of credit is a type of open-ended loan that requires you to make, if you have an outstanding balance, a minimum payment during each payment cycle to keep your account in good standing. If you’re able to, you should try to make additional payments on top of your minimum payments to reduce your outstanding balance.
Like we’ve said, a line of credit is a type of revolving credit product. If you apply for one and get approved, you’ll gain access to a credit limit from which you can draw money from, up to your available credit as needed.
With a CC Flow Line of Credit in Florida, 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.
With an installment or payday loan, instead of getting a credit limit, which you can draw from all at once or in smaller amounts over time, you’ll be given a lump sum of money. 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.