Personal Lines of Credit

A Virginia Credit Union line of credit provides a ready source of funds anytime you need them. Once your line of credit is approved, you can borrow the amount you want — from $100 up to your limit. And you pay interest only on the amount you owe.

Line of credit uses

• Home furnishings
• School expenses
• Taxes
• Emergency needs
• Overdraft protection for checking
• Any other personal needs

Line of credit options

Type Limits FirstLine $100 to $1,000 Virginia Line $1,000 to $15,000 StateLine $10,000 to $35,000

Attractive rates
Check our current rates. Interest is calculated daily, so you pay interest only on the amount you owe. Lines of credit have variable rates based on the prime rate.

Easy access to line of credit funds

• Transfer funds or request a check by calling QuikLine Phone Banking or Member Services
• Use Internet Home Banking to transfer funds to your checking account
• Write special checks drawn directly on StateLine
• Access your line of credit through automatic overdraft protection on your credit union checking account

Low payments
Minimum monthly payments are only 1.5% of your outstanding balance or $50, whichever is greater. You can pay more any time. The minimum payment due is shown on your monthly statement, and payments are due the 20th of the month.

Easy ways to pay

• Use QuikLine Phone Banking or Internet Home Banking to transfer payments anytime from credit union checking or savings accounts
• Sign up to pay a fixed payment amount through payroll deduction or automatic transfer
• Call Member Services to transfer payments
• Mail a check or pay at a branch

How to apply for a personal loan

• Apply online
• Apply over the phone, 24 hours a day, 7 days a week.
• Apply by mail, fax or at any branch — print an application and return it to us

Please contact us if you have questions or if we can help you in any way.