First Reserve Line of Credit

This Line of Credit does not require collateral to be pledged. It is based on the creditworthiness and ability of the borrower to pay. This loan provides overdraft protection for the borrower's Checking Account to prevent costly check returns.

Features

• Minimum loan amount of $500
• Maximum loan amount is the lesser of 100% of the borrower's gross monthly income or $5,000 (including any other open unsecured loans with First Federal)
• No specific loan term
• Minimum monthly payment is the greater of 5% of the outstanding balance or $25.00

Stop by the branch office nearest you or e-mail us us for more information.

Secured | Unsecured | First Reserve
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