The process of dealing with an emergency situation that needs your immediate attention can be stressful, particularly when you don’t have money set aside to handle it. In a situation like this, an online loan in the form of a line of credit may be the safety net you need to tackle this expense! This emergency situation could come in the form of an unexpected auto repair, a medical expense, or an essential home repair that you couldn’t see coming.
If you’re looking to submit a request through CreditFresh, click here or call us at 1-800-766-2007 for more information.
$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’ll need to have an active bank account in order to be approved for this online loan.
No, you will not need to make an appointment. To start this process, simply click here. Submitting a request is simple and may only take a few minutes to complete1.
For more information, feel free to give us a call at 1-800-766-2007 and a member of our Customer Service team will be pleased to help you.
Yes, online loans are currently 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, Montana, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming in addition to Missouri.
There are a few differences between a line of credit and an installment loan, but one of the most important ones is that a line of credit is a revolving form of credit. What this means is that if you’re approved, you can draw any amount from your available credit, either in small amounts or all at once as needed. As you pay down your balance, you can continue to borrow money when you need it from your available credit, so long as your account is in good standing. Being able to request draws, repay and redraw as needed, may make emergency loans online useful when you’re faced with an unexpected expense.
Having to deal with a difficult financial situation can be tough, and if you want to borrow money online by requesting a loan, you’ll need to review all your options carefully. If you’re looking for more information on the process of requesting unsecured loans online in Missouri through CreditFresh, feel free to contact our Customer Service team at 1-800-766-2007. You can also find more information about this Line of Credit by visiting our general FAQs page.