| Credit Limit: | $500 to $5,000 |
| Loan Type: | Line of Credit |
| Minimum Payment: | Billing Cycle Charge + Mandatory Principal Contribution |
| Funding Time: | Same Business Day3 |
Car trouble, medical bills, or home repairs can show up without warning. We know how stressful it can feel when money is tight and your savings won’t stretch far enough. A Line of Credit through CreditFresh could help you get through a rough patch.
If you’re approved, you could get the money you need as soon as the same business day3.
Note: A Line of Credit is a type of online loan. As a revolving credit product, you can request draws, repay and redraw as needed from your available credit.
A line of credit offers flexibility in when you can request funds up to your approved credit limit. With an installment loan, you borrow a fixed amount and pay it back in scheduled installments over time, however, a line of credit works differently. If you’re approved, you can borrow up to your available credit limit whenever you need to — whether that’s a smaller draw to cover a quick unexpected expense or a larger amount all at once.
As you make payments towards the principal balance, additional credit becomes available, and you can continue to draw from it on a revolving basis, as long as your account stays in good standing. This ongoing access means you don’t have to reapply each time an unexpected cost comes up, which can give you more control when life throws something your way.
Whether you’re in Portland, Bangor, or Augusta, surprise expenses can throw off your budget. You don’t have to handle them on your own. If your savings fall short, a line of credit might give you some breathing room.
Through CreditFresh, you could request an online Line of Credit in Maine from $500 up to $5,000. If you’re approved, you can borrow from your available credit – that’s the amount available for you to request – and you could see the money in your bank account as soon as the same business day3.
You can get started online by clicking here.
| Credit Limit | $500 to $5,000 |
|---|---|
| Making a Draw | You have the option to withdraw available funds all at once, or in smaller amounts from your available credit, so long as your account is in good standing and you otherwise meet any criteria required to request draws. Funds may be deposited into your bank account the same business day3. |
| Credit Limit |
|---|
| $500 to $5,000 |
| Making a Draw |
| You have the option to withdraw available funds all at once, or in smaller amounts from your available credit, so long as your account is in good standing and you otherwise meet any criteria required to request draws. Funds may be deposited into your bank account the same business day3. |
Repaying your online loan in Maine is one of the steps you can take to build better financial habits. If you're using a personal Line of Credit through CreditFresh, understanding how repayment works is key to staying on track.
If you have an outstanding balance – meaning the amount you currently have outstanding on your Line of Credit – you’ll need to make a Minimum Payment for each Billing Cycle. You’ll be given a periodic statement at least 14 days before your Minimum Payment is due for your Line of Credit. Your periodic statement will show important information like your Minimum Payment and your Payment Due Date.
Your Minimum Payment will be made up of two parts:
If you make more than your Minimum Payments, you may reduce the total charges you pay. Try to make extra payments— or pay the full balance when you can. There’s no penalty to pay more, and you can make extra payments online. You can log into your account to make payments online using most debit or pre-paid cards, or by calling us at 1-800-766-2007 to set up payments.
For each billing cycle, you’ll only be charged a Billing Cycle Charge if you have an Outstanding Principal Balance. You can find this information in your periodic statement. A portion of each Minimum Payment goes directly to your principal balance to ensure you’re always paying down your balance.
For further details, visit the Cost of Credit page.
In order to qualify for an online loan through CreditFresh, you must:
Please note that currently, no credit products offered through CreditFresh have charges that would meet the requirements applicable to lend to covered members of the US Armed Forces and their dependents.
Yes, you’ll need an active bank account to be approved for this online loan.
No appointment needed. Just click here to start your application. It’s quick, simple, and usually only takes minutes1.
If you need more information, give us a call at 1-800-766-2007 and our Customer Service team will be happy to help.
Yes, right now, online loans are offered through CreditFresh in the form of a Line of Credit in Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wisconsin, and Wyoming on top of Maine.
Yes. Along with offering access to online loans in Maine, we also share helpful financial tips.
In the CreditFresh Money 101 section, you’ll find tips on things like budgeting, saving, and handling unexpected bills.
While we don’t give financial advice, Money 101 is there to offer some tips for everyday financial topics.
If you need help with something loan-related or just want to know more about how online loans in Maine through CreditFresh work, you can always reach out to us. You can also check out our general FAQs page for more details about this Line of Credit.
