Overdraft Line of Credit
great protection
Definition:
Protection from over drafting your checking account.
A line of credit (LOC ) attached to your checking account with a preset borrowing limit that can be used any time your spend more than you have in your checking account. Money can be borrowed as needed, paid back and borrowed again.
A line of credit works much like a credit card account except without a plastic card.
The interest rate for a LOC is also less then a typical credit card. It is great protection for making sure expenses coming through your checking account are paid. It also saves money in overdraft/NSF fees.
At times, we may provide links to sites outside the control of our Credit Union. We do not make any representations concerning the linked sites’ contents or availability. You should review each site’s privacy and information security policies carefully before you enter confidential information. Deposit and loan products offered by Journey Credit Union. This credit union is federally insured by the National Credit Union Administration. The standard insurance amount is $250,000 per depositor.
At times, we may provide links to sites outside the control of our Credit Union. We do not make any representations concerning the linked sites’ contents or availability. You should review each site’s privacy and information security policies carefully before you enter confidential information. Deposit and loan products offered by Journey Credit Union. This credit union is federally insured by the National Credit Union Administration. The standard insurance amount is $250,000 per depositor.
Equal Housing Lender.
Equal Housing Lender.
