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Lines of Credit
Use it for home renovations, investments, car repairs, home appliances, personal emergencies – you decide when and how.
Your personal line of credit at Lakeland Credit Union allows you the convenience of knowing you have credit pre-approved for a variety of purchases.
- You are approved once and obtain advances against a designated credit limit
- Interest is paid only on the amount borrowed and only for the time the credit is in use
- The interest rate is competitive and generally much lower than rates charged by credit cards
- Your transactions and balance appear on your monthly statement