Line of Credit

In a way, an Altoona First line of credit is like a credit card. Except the interest rates are very reasonable and the disclosure agreement isn't 100 pages of tiny font. So, on second thought, it's nothing like a credit card.

Establish a line of credit to have immediate access whenever you need funds. Unlike a traditional loan, you only pay interest on what you use, not the entire amount. And there's no need to re-apply each time you need the funds.

Summary

• Only pay interest on what is used
• Access anytime; no need to re-apply
• Easy access to funds online, by phone, by check, or in person
• Can be used for most any purpose
• Security in knowing funds are always available
• Local decision-making
• Fast decisions and easy process