Personal Line of Credit

With a loan, you get all of the money at once, and then you pay it back over a set period.

With a line of credit, you borrow the money you need when you need it, up to a set limit. Then, you pay it back over time. Your monthly payment may change depending on how much you borrow. As long as your line of credit is open, you can continue to borrow money and pay it back, up to your maximum limit.

That depends on the type of loan. If you aren’t a Georgia resident, contact us to speak with a loan officer.

With a line of credit, you borrow only what you need, up to the maximum limit. So yes, your monthly payment will change depending on how much money you’ve borrowed from the line of credit.

A home equity line of credit, or HELOC, is secured by your home. This means that if you can’t make your payments, the lender can take possession of your home to pay back the money you owe.

Our personal line of credit is not secured. Instead, we decide whether to lend you money and how much you can borrow based on your credit history.