Personal Line of Credit
A personal line of credit can be used for unexpected expenses as well as large expenses such as debt consolidation, medical expenses or vacations.
As a credit union, we share our profits with our members in the form of low interest rates on lines of credit.
No Prepayment Penalties
No Collateral Required
No Balance Transfer Fees
Life can take unexpected turns. Debt protection could help pay your loan in case of the unexpected.
24/7 Access to Funds
Securely manage your account and credit score, from either your computer or smartphone.
You could use as overdraft protection for your checking account.
Over the past 18 years, we’ve given our members more than $104 million in interest refunds and bonus dividends.
| Loan | APR |
|---|---|
| Personal Line of Credit | 12.85% - 18.00% |
Rates effective October 1, 2025.
Legal Disclosures and Additional Information
The Annual Percentage Rate (APR) for new and existing advances will be the Prime Rate as published by the Wall Street Journal (Index), plus a Margin between 5.6% and 15.0% up to 18% cap. The APR will change on the first day of each month to reflect any change in the Index. The APR will never be greater than 18% or the maximum rate allowed by law, whichever is less. Any increases or decreases in the APR will take the form of more or fewer payments of the same amount until what you owe has been repaid.
Your APR will be based on your credit score and the term of the loan. You will be informed of the APR for which you qualify before you become contractually liable for the account.
Minimum payment, 2.50% of the balance, recalculated each advance.
Amount available determined by credit worthiness.
Do you own your own home?
A home equity loan lets you borrow up to 95% of your home's value and lock in a low fixed interest rate.
- Once approved, when will I receive the funds from my personal line of credit loan?
As soon as loan documents are signed and any stipulations for obtaining the loan are satisfied.
- What's the difference between a personal loan and a personal line of credit loan?
Our personal loan is a fixed-rate loan with terms up to 60 months. Our personal line of credit loan is a variable-rate, revolving credit line that you can access anytime, for any amount up to your authorized spending limit.
- When I access my personal line of credit, is there a minimum amount I have to withdraw?
No. You can access your personal line of credit loan for any amount up to your authorized spending limit.
Don't see the question you're looking for?
There are three different ways to apply for an Ascend personal line of credit: