Variable-Rate Lines of Credit
A personal variable-rate line of credit from Freedom is a revolving1 line of credit, much like a credit card, that you can use whenever you need it. Just apply, then Freedom will establish your APR and maximum credit limit. Once approved there is no need to re-apply unless you would like an increase in your credit limit.
Why a Personal (Variable Rate) Line-of-Credit?
Better rates and more flexible terms than most credit cards
Get money when needed with easy access1
Reoccurring access to funds1
Access funds via branch withdrawal, electronic transfer to checking, ATM, or debit card
Can be used as overdraft protection for Freedom checking accounts