Personal Line of Credit

3 Steps To A Line of Credit

Line of Credit Loan Get’s You Access To Cash When You Need It.

h

Step 1

Apply Now Using The Short Online Application

R

Step 2

Receive an instant 90 second loan decision 

Step 3

Get approved and funds available by next business day.

swift money loans

Lines of Credit

Convenient, Fast Money When You It. If you are looking for a way to borrow cash when you need immediate access the a line of credit can be the right answer.

What is a Line of Credit?

A line of credit (LOC) is a preset maximum limit that can be drawn into at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid.

What Do I Need To Apply

 In order to apply through Swift Money Now you must meet these minimum requirements.

  • You must be at least 18 years
  • United States citizen or legal resident.
  • Verifiable source of monthly income
  • Working email address
  • Verifiable home and work telephone numbers.

Your state residence will determine the minimum age and if you are able to apply.

How Do I Apply For A Line Of Credit?

Just fill out the line of credit application with your basic information and the amount you want to borrow. Then click the submit button. From there you will receive an instant decision online. Get approved and the funds will be ready to draw on as soon as the next business day.

Online Instant Line of Credit 

What does it mean by instant line of credit? When you apply through Swift Money Now you will get an instant decision online. This means you will still have to wait until the next business day to receive funds if you are approved. It is still the fastest way to get a line of credit online.

Pros and Cons When Considering a Personal Line of Credit

Pros:

  • Borrow only what you need
  • Interest only on funds borrowed
  • Easy access to funds
  • Lower APR on average versus than credit cards
  • Unsecured credit line of credit risk none of your collateral
  • No restrictions use it on what you want

Cons:

  • Interest expense is not deductible
  • If rates on interest increase, the variable rate on the line of credit also goes up
  • Maintenance fees regardless if you use it or not
  • Higher rates than fixed-rate installment loans. Predicting when rates will go up

 

Line of Credit Compared To Other Online Loans

Line of Credit: Ge’s you immediate access to bfunds when ever you need it and only start paying interest whenever you start to use it.

Payday Loans: Short-term, higher interest, loans, and usually due on your next payday.

Income Tax Loans: loan against your tax refund, higher rate of interest, shorter pay back period.

Useful Information

swift money loans

Headquarters

5319 South Lewis Avenue Tulsa, Oklahoma 74105

Apply By Automated Phone Call Now 1-844-514-1127

Copyright © 2023 - Swift Money Now All Right Reserved

Material Disclosure

APR Disclosure. Some states have laws limiting the Annual Percentage Rate (APR) that a lender can charge you. APRs for cash advance loans range from 200% and 1386%, APRs for installment loans range from 6.63% to 225%, and APRs for personal loans range from 4.99% to 450% and vary by lender. Loans from a state that has no limiting laws or loans from a bank not governed by state laws may have an even higher APR. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.

Material Disclosure. The operator of this website is not a lender, loan broker or agent for any lender or loan broker. We are an advertising referral service to qualified participating lenders that may be able to provide amounts between $100 and $1,000 for cash advance loans, up to $5,000 for installment loans, and up to $35,000 for personal loans. Not all lenders can provide these amounts and there is no guarantee that you will be accepted by an independent, participating lender. This service does not constitute an offer or solicitation for loan products which are prohibited by any state law. This is not a solicitation for a particular loan and is not an offer to lend. We do not endorse or charge you for any service or product. Any compensation received is paid by participating lenders and only for advertising services provided. This service and offer are void where prohibited. We do not control and are not responsible for the actions of any lender. We do not have access to the full terms of your loan, including APR. For details, questions or concerns regarding your loan please contact your lender directly. Only your lender can provide you with information about your specific loan terms, their current rates and charges, renewal, payments and the implications for non-payment or skipped payments. The registration information submitted by you on this website will be shared with one or more participating lenders. You are under no obligation to use our service to initiate contact with a lender, register for credit or any loan product, or accept a loan from a participating lender. Cash transfer times and repayment terms vary between lenders. Repayment terms may be regulated by state and local laws. Some faxing may be required. Be sure to review our FAQs for additional information on issues such as credit and late payment implications. These disclosures are provided to you for information purposes only and should not be considered legal advice. Use of this service is subject to this site’s Terms of Use and Privacy Policy.

Exclusions. Residents of some states may not be eligible for some or all short-term, small-dollar loans. Residents of Arkansas, New York, Vermont and West Virginia are not eligible to use this website or service. The states serviced by this website may change from time to time, without notice.

Credit Implications. The operator of this website does not make any credit decisions. Independent, participating lenders that you might be connected with may perform credit checks with credit reporting bureaus or obtain consumer reports, typically through alternative providers to determine credit worthiness, credit standing and/or credit capacity. By submitting your information, you agree to allow participating lenders to verify your information and check your credit. Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time. The short-term loans are not a solution for long-term debt and credit difficulties. Only borrow an amount that can be repaid on the date of your next pay period. Consider seeking professional advice regarding your financial needs, risks and alternatives to short-term loans. Late Payments of loans may result in additional fees or collection activities, or both. Each lender has their own terms and conditions, please review their policies for further information. Nonpayment of credit could result in collection activities. Each lender has their own terms and conditions, please review their policies for further information. Every lender has its own renewal policy, which may differ from lender to lender. Please review your lender’s renewal policy.