Relationship Line of Credit
Relationship Line of Credit
Convenient and flexible
Access money when you need it by combining a Fidelity Bank checking account with a three-year, unsecured, interest-only Relationship Line of Credit*. Fidelity Bank checking customers are eligible to apply for a line of $2,500 or more. This personal line of credit is there when you need it to cover things like emergency expenses or major purchases. When you pay back your used credit, the money is available for you to use again without reapplying during the three-year term.
Additional details include:
- An easy online application
- A quick approval process
- Interest only-payments
*Subject to credit approval. Credit is extended at a variable rate of prime plus a margin based on credit score. Rate is subject to change. Document preparation fee not to exceed the lesser of $100 or 2% of line limit. The balance of the line is due in full at the end of the three-year term or must be refinanced into a new loan. A Fidelity Bank checking account is required to obtain the line of credit.