Kansas City, KS Online Line of Credit
If you are needing money on the spot, our online line of credit services from EZ Money in Kansas City, KS are here to help! This is an open-ended loan where you are able to take out money at any time, repaying on your own time as well. As long as your account is in good shape and you have credit available to borrow, you are eligible. There will be a variable interest charged, similar to a loan. An online line of credit is typically used to purchase things items that a loan would not usually be available.
How to Apply for an Online Line of Credit
The online application for our online line of credit services in Kansas City, KS is simple and secure. No need to worry about your personal information! Once your application is approved, you can begin borrowing funds whenever you need them. There will then be minimum payments due each month, just like a credit card. Apply with EZ Money now!
How Is an Online Line of Credit Different from an Online Installment Loan?
Online Line of Credit
The advantage of our online line of credit services in Kansas City, KS, rather than an online installment loan, is the ability to have more credit available as the balance is repaid. This way, you are able to continue to withdraw in the future if you need funds. This offers a lot more flexibility, so you can borrow and spend the money as you need it and only pay interest on the amount you have withdrawn.
Online Installment Loans
This type of loan is paid back over time in equal installments, and interest will be charged on the full amount of the loan. The disadvantage to online installment loans vs. online lines of credit is being handed the fixed loan amount all at one time, rather than borrowing as you wish. This offers a lot less flexibility, as you do not have the ability to borrow more money on demand. Instead, our online line of credit services in Kansas City, KS will give you this flexibility!