Consolidate Your Debt With a LOC
A personal line of credit can be used for rainy day emergencies or when you want some extra cash, perhaps for a vacation, special purchase or home renovation. It's also a great way to consolidate higher interest debts (like credit cards) into a single lower monthly payment. Your line of credit has a low variable rate and you can make a full or partial repayment any time without a penalty. You'll save money in interest monthly. And any amount you pay back immediately becomes available for you to use again.