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© 2004
National Bank of Arizona
Privacy
Statement
To apply, call 1-800-995-5626 or visit a branch near you.
Answers to Frequently Asked Questions:
What is the difference between a personal installment loan and a personal line of credit?
A personal installment loan is ideal when you know how much money you need upfront and you don’t anticipate needing additional financing in the near future. With a personal installment loan, you receive the entire loan amount upfront.
A personal line of credit is ideal when you are not sure how much you need or when you will need it. With a personal line of credit, you borrow only the funds you need at the time you need them without having to reapply during the term of the line of credit.
Your line of credit limit is determined based on your income and ability to repay. The minimum line amount is $10,001 and the maximum line amount is $100,000.
Do I have to pledge any collateral?
No, personal lines of credit are unsecured.
How can I access my personal line of credit?
You will be provided a supply of checks connected to your Reddi-Credit Line for easy access to your line.
A fee of $50.00 is assessed annually.
Is there a prepayment or early closure fee?
No, you may close your line at any time without penalty.
