Personal Line of Credit
A Delta Community Credit Union Personal Line of Credit is a line of credit up to $20,000, based on creditworthiness and ability to repay.
Overview & Benefits
With a revolving line of credit you have the freedom to spend funds wherever and whenever you need.
- No annual fee
- No collateral required
- Competitive rates
- Flexible payment options
- Provides overdraft protection for your Personal Checking Account
- Access funds online or at your local branch
Routing Number
Where's our routing number when you need it?
Right here:
Personal Line of Credit Calculator
Rates
Line of Credit Rates
Competitive Personal Line of Credit Rates for Your Needs
Choose a Personal Line of Credit to consolidate bills, pay for unexpected expenses like car repairs, or take a vacation.
| Type | APR* |
|---|
| Personal Line of Credit | 12.25% to 17.50% | Type: Personal Line of Credit APR*: 12.25% to 17.50% |
*Rates expressed as APR-Annual Percentage Rate.
Availability of rates based on creditworthiness and other factors and are current as of the first day of the current month.
Fees
Loan Fees
| Fee Type | Amount |
|---|
| Late Payment Fee for Consumer Loans | $25.00 per month late | Fee Type: Late Payment Fee for Consumer Loans Amount: $25.00 per month late |
| NSF for Returned Loan Payment, Personal Line of Credit Check or ACH | $25.00 | Fee Type: NSF for Returned Loan Payment, Personal Line of Credit Check or ACH Amount: $25.00 |
| Pay by Phone Loan Payment Transfer from a non-Delta Community account | $8.00 | Fee Type: Pay by Phone Loan Payment Transfer from a non-Delta Community account Amount: $8.00 |
Related Articles
You'll Find These Helpful
Payment Holiday and Eligible Loans
What is a Payment Holiday and what loans are eligible?
A Payment Holiday is an option to skip your consumer loan payment on loans that have been opened for 6 months. Interest will continue to accrue and the original term of the loan will be extended, if applicable.
To request a Payment Holiday, log into your Online Banking account and choose Payment Holiday under the Loans tab.
- The request can be made up to the loan due date. However, if your loan payments are electronically drafted from another financial institution (ACH), a Payment Holiday may be submitted up to two (2) business days prior to the due date of your loan.
Eligibility
- Loan types that are not eligible for Payment Holidays:
- Real Estate Loans
- Business Loans
- Overdraft Protection Loans
- Holiday Loans
- Single Pay Loans
- Visa Young Adult Credit Card Loans
- Secured Credit Card Loans
- Propel Loans
Personal Loans
What are personal loans?
Personal loans are loans that can be used for anything you like. This flexible loan allows you to borrow money based on your credit worthiness. Personal loan products include both Personal Loan and Personal Line of Credit. View the current interest rates. There is no minimum loan amount required for a personal loan.
Student Loans
Does Delta Community offer Student Loans?
We no longer offer Student Loans due to federal guidelines that started July 1, 2010 that require students to borrow directly from the federal government. We advise students to contact their respective schools for their financial aid options.
Rates for Mortgage Loans
Where do I find interest rates for mortgage loans?
Our Delta Community Home Loan Team will be happy to provide you with the rates for the ideal loan that fits your needs. Simply contact one of our Home Loan Specialists in your area.
Visit the Home Loans Overview to view Mortgage Rates and more information.
Making loan payments in advance
Can I pay ahead on my loans?
You are required to make your regularly scheduled payments during the period in which they are due, regardless of any additional principal payments you have made. You can make additional payments toward your loan using the Transfer tab in your Online Banking or by bringing the additional payment into a branch, but those payments may not advance your due date.
For example, if your monthly payment is $300 and you send $900, $300 will satisfy the payment obligation for that due date and the additional $600 will go toward your principal balance as an additional principal payment. Your next payment will be due on its' regularly scheduled due date.
