When you’re facing an emergency expense in Hawaii, it’s normal for stress to creep in. After all, emergencies aren’t always the easiest thing to deal with. But just remember that if you end up needing some financial aid in a tough situation, there may be options out there for you! In those instances, an online line of credit might be able to give you the help you need.
Recognizing what is and isn’t an emergency is an important part of this whole equation. Emergencies can include situations like:
Don’t apply for an online line of credit for things like vacation expenses, unnecessary shopping trips, and regularly scheduled bills. If you’re looking to submit a request through CreditFresh, click here to get started!
$500 to $5,000.
You have the option to withdraw available funds all at once, or in smaller amounts from your available credit, as needed, so long as your account is in good standing. If you request a draw, funds may be deposited into your bank account the same business day3.
If you have an outstanding balance, you will be required to make a Minimum Payment for each Billing Cycle.
You will be issued a periodic statement at least 14 days before your Minimum Payment is due for your Line of Credit. Your periodic statement will include important details such as your Minimum Payment and your Payment Due Date.
Your Minimum Payment will be made up of two components:
You can always make payments towards your Outstanding Principal Balance at any time without prepayment penalties. You may log into your account to make a payment online using a debit or pre-paid card or call 1-800-766-2007 to set up a payment.
For each billing cycle, you will 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 are 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 will. To be approved for this online loan, you’ll need to have an active bank account.
Yes, online loans are currently offered through CreditFresh in the form of a Line of Credit in Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Washington, and Wisconsin in addition to Hawaii.
When you’re dealing with an emergency, it’s usually a smart move to take care of it immediately. That means that if there are any costly expenses involved, it’s best to pay for them as soon as possible. If you need financial help in dealing with these expenses, you might consider applying for an online line of credit. But if you’re approved, how long will it take to get funds in your bank account once you’ve requested a draw?
At CreditFresh, we understand the importance of urgency. That’s why, when you request a draw from your personal Line of Credit online or over the phone, funds may be in your bank account the same business day3!
Understanding the differences between different personal loans is an important part of the borrowing process. It helps you make an informed decision when it comes to applying for a loan that’s suitable for your situation.
Installment loans and lines of credit are two fairly common personal loans with some important differences. An installment loan is a type of personal loan that provides you with a lump sum, if approved. Paying off what you owe will mean keeping up with scheduled payments that could last anywhere from a few months to several years.
A line of credit is a type of revolving credit, which means that you can borrow funds from a pre-determined credit limit. As you pay down what you owe, you can continue to draw funds on a revolving basis. If you want to learn more about other online loans, click here.
Dealing with an emergency expense isn’t easy, but if you think that this Line of Credit is suited to your needs, or you’d like additional information on the process of requesting an online loan in Hawaii through CreditFresh, feel free to contact our Customer Service team at 1-800-766-2007. You can also find more information by visiting our general FAQs page.