Virtually anyone who’s had to deal with an emergency expense at some point in life knows that dreaded feeling of realization of having to find a way to take care of an expense that wasn’t budgeted for.
If you count yourself among this group, what did you do in your time of need? Were you able to comfortably deal with the financial repercussions of your emergency, or were you left wondering how you were going to come up with the money you needed?
In these types of moments, if you don’t have an emergency fund to tap into, you’ll want to have some sort of backup plan in mind. In these situations, online personal loans may be a potential solution for you! With a CC Flow Line of Credit in Montana, 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.
Submitting a request for this Montana Line of Credit is fast and the application process is easy to navigate. With this straightforward process, the terms will be 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*!
If you don’t have the savings to deal with an emergency expense and you need some financial assistance, your first step is to apply for a personal loan, right? Well, not exactly. Before you decide to apply for credit of any kind, you should start by assessing your situation and deciding whether it’s fair to actually consider it to be an emergency. Is this something that you need to deal with right away, or can it wait?
What do we mean by this? Well, if your bike breaks down on your way home from work and you have no other means of commuting, you’ll probably need to get it fixed right away. If you can walk, take public transportation, or get a ride from a co-worker, it might be a better idea to save up for the cost of your bike repair instead of applying for a loan. Ultimately, you’ll need to figure out what makes the most sense for you.
With that in mind, 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 Montana, 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 typically don’t need an appointment to apply for online loans in general. With a CC Flow Line of Credit in Montana, 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 Montana 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, it’s generally a good idea to pay more than the minimum if you have the means to. Why? Well, this can help you to decrease the charges that you’ll need 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.
Submitting a request for a CC Flow Line of Credit in Montana generally only takes a few minutes. The application process is fast and simple. 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 looking for 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!
When the payments that you’re making on a particular loan are reported to a credit bureau, and you’ve been able to make them all in a timely manner over a relatively long period, there may be an impact on your credit score. You should always do your best to make your payments on time as missing payments or making late payments on your line of credit or personal loan may have a negative impact on your credit score.
Payday loans, which are short-term loans that you’ll need to repay by your next pay date, are distinct from lines of credit in a few different ways. For starters, if you’re approved for a line of credit, you will not be required to pay back what you’ve borrowed on your next payday. You’ll be able to draw funds from a pre-determined credit limit as long as you have available credit and you’ll want to keep your account in good standing by keeping up with your minimum payments during each payment cycle. Having said that, you should try to make more than your minimum payment whenever you can afford to.
A line of credit falls under the umbrella of revolving credit. With a CC Flow Line of Credit in Montana, 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.