Not sure when you might need extra funds to cover every day or unexpected purchases — a line of credit from Capitol Credit Union can help you be prepared. Whenever you need extra funds, simply transfer them from your line of credit to your account. You will only be charged interest on the funds you use and once you pay back the funds you used, they are available for you to use again when you need them. View our line of credit loan rates and terms.
Link your line of credit to a Capitol Credit Union checking account for overdraft protection purposes. If there are not enough funds in your checking account when a debit tries to clear, funds can be automatically transferred from your line of credit, to cover the charge. This can help avoid overdraft fees, saving you money, time and embarrassment. Then, pay back the balance, plus interest, in the form of low monthly payments.
Line of Credit Monthly Payment Schedule
|$0.00 to $500||
|$500.01 to $2,000||
|$2,000.01 to $4,000||
|$4,000.01 to $6,000||
|$6,000.01 to $7,500||
|$7,500.01 to $10,000||
Payments are based on the balance as of the due date of the loan including any advances made up through the day. For balances above $10,000.00, payments will be $500.00 plus $500.00 for each $10,000.00 balance increment.