We all know that emergency situations can be stressful. After all, by their very nature, you don’t see them coming, and when they do creep into your life, they usually need to be dealt with right away. So, if you’re the type of person who has a bit of a panic in these types of situations, we wouldn’t blame you.
One of the most challenging problems that crops up as a result of an emergency is the cost of fixing it. Ideally, it’s best if you’ve prepared for these types of situations ahead of time, which you can do by building an emergency fund. But the process of putting one of these together doesn’t happen overnight, so it’s good to have an idea of where you may be able to turn to if you end of facing an emergency in the interim.
This is where online personal loans can enter the picture! With a CC Flow Line of Credit in Louisiana, 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 great thing about this Louisiana Line of Credit is that it makes the online application process simple and fast, even if it’s something that’s unfamiliar to you. It’s straightforward and easy to work your way through this 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*!
One step that a lot of people might not consider when it comes to handling an emergency expense is figuring out whether or not the situation that they’re facing can really be categorized as an emergency. What do we mean by this? Well, the nature of an emergency is that it needs to be dealt with right away. This might be because they can get worse if they aren’t dealt with right away, or they put something that’s essential to your wellbeing in jeopardy.
It’ll be up to you to take a look at your situation and decide whether it falls into either of these two categories. If it’s something that can be dealt with later, you may want to take the time to save up some money to avoid taking on debt to pay for it.
Having said that, there are certain scenarios that may be commonly seen as emergencies by most people. 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 Louisiana, 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.
Typically, no appointments will be required to apply for an online loan. With a CC Flow Line of Credit in Louisiana, you can submit a request online whenever you’d like, as long as you’re connected to the Internet.
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 Louisiana 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, if you’re able to. This can help you decrease the charges you’ll end up needing to pay on what you’ve drawn from your line of credit. It can also help you pay down your balance and increase your available credit. If you’d like to make additional payments on your CC Flow Line of Credit, log into your secure online account any time to make a payment or contact 1-866-255-1668.
If you’d like to submit a request for a CC Flow Line of Credit in Louisiana, you can generally get through the application process in a few minutes. 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!
They usually will affect your credit score – as long as your loan payments are reported to a credit bureau and you’ve been able to make them all in a timely manner over a relatively long period. 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, lines of credit are significantly different than payday loans. A payday loan is a short-term credit option which you’ll need to repay on your next pay date.
An important difference is that, if your line of credit application is approved, you’ll be given a credit limit which you can draw funds 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.
A line of credit is a kind of revolving credit product. With a CC Flow Line of Credit in Louisiana, 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.