What is a Personal Line of Credit?
The personal line of credit is a simple financing tool that give you all the latitude you need to go forward with your projects, without having to apply for a loan every time, insofar as you don’t exceed the afforded limit. Ultimately, the funds are available to use as you please. It’s a flexible and practical financing tool to help you stay calm, cool and collected when dealing with life’s unexpected expenses.
The standard consulting fee for facilitating a line of credit is 15-20% of the total amount. We are actually underrated on our price. Also the line of credit is unsecured which means there are no collateral or assets to back up the line of credit, so 10% of the line of credit amount is a very good competitive price based on this being an unsecured line of credit.