How do you handle a financial emergency? Do you calmly tap into your emergency savings fund and pay it off without a second thought? Do you have a moment of panic as you realize that you don’t have the money saved up to deal with it? Or maybe you fall somewhere in between.
The truth is, the reality of having to pay for an emergency expense for a lot of people can be bleak, particularly when your budget is tight. With that in mind, if you do run into this type of situation, it’s important to have a plan of attack, regardless of your financial situation.
So, if you’re in the midst of dealing with a financial emergency and don’t have the money saved up to take care of it out of pocket, online personal loans may be able to help! With a CC Flow Line of Credit in Hawaii, 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.
One of the benefits of this Hawaii Line of Credit is that even if you’re new to online borrowing, the process of submitting a request is simple and fast. It’s a straightforward and clear 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 does an emergency situation look like to you? The truth is, it these things can be different from one person to the next. For example, dealing with a flat car tire may be something you can put off until you’ve saved enough money to deal with it, while for some people, this could be something that needs to be taken care of right away. Again, it depends on your situation and your general needs. However, there are some common situations that many may consider to be an emergency. 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 Hawaii, 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.
No, you will not. As long as you’re connected to the Internet, you can apply for a CC Flow Line of Credit online whenever it suits you. 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 Hawaii 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, you can pay more than the minimum. In fact, it’s typically a good idea to do so whenever you’re able to. This can help you to decrease the total charges you’ll end up paying on what you’ve drawn from your line of credit. It also helps you pay down your balance and increase your available credit. 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.
It typically only takes a few minutes to complete the application process for a CC Flow Line of Credit in Hawaii, 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’re in need of a personal line of credit to help you out 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!
In many instances, they can. Specifically, if your line of credit payments are reported to a credit bureau and you’ve been able to make your payments in a timely manner over a relatively long period, this can have an impact on your credit history. It’s important to always make your payments on time, otherwise you could harm your credit score.
The simple answer is no, lines of credit and payday loans are not the same thing. A payday loan is a short-term credit option that will require you to pay off what you owe by your next pay date. Lines of credit don’t work in this way.
A line of credit falls under the umbrella of revolving credit. What does this mean? Well, if your application is approved, you won’t receive your funds in the form of a lump sum of money as you would with a payday loan. Instead, you’ll be given a credit limit for your line of credit account which you can draw from as long as you have available credit. To keep your account in good standing, you’ll need to at least make a minimum payment during each payment cycle. Having said that, you should do your best to pay more than the minimum amount.
Like we just went over, a line of credit is a type of revolving credit product. With a CC Flow Line of Credit in Hawaii, 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, there’ll be no credit limit to draw from, with your money coming in a lump sum instead. 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, you’ll pay back your loan over the course of several pre-determined, scheduled payments.