Personal Line of Credit

Plan now for unexpected expenses or gaps in your income with a personal line of credit. Withdraw funds as needed at lower rates than a credit card.

apply today

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A dad, mom, and their two young children sit at the dining table as dad applies for a Civic Personal Line of Credit Loan.

Access

Get funds when you need them

Manage

Pay for big expenses or consolidate debt

Flexible

Pay off early without fees or schedule payments

Prepare with a Personal Line of Credit

Plan now for gaps in your income, sudden and large bills, or to consolidate your debt. This Personal Line of Credit gives you access to funds for 10 years to use when you need it. Get rates as low as 11.00% APR,¹ lower than most credit cards. Just make a transfer to a Civic checking or savings account. Your payments are based on the amount you use or transfer, not the total amount of the personal line of credit. Prepare now for the unexpected.

An expecting mom sits with her young daughter, gently embracing her growing belly, feeling comforted by the security of her Civic Personal Line of Credit Loan as she prepares for the future.

Terms

Affordable capital

Rates as low as 11.00% APR¹
Flexible loan amounts to meet your needs
Reusable for 10 years
Variable monthly payments based on the amount transferred

Features

Flexible access and payments

Withdraw funds as needed
No early pre-payment fees
Funds can be transferred into a Civic deposit account
Can be used to consolidate debt

Ready to apply?

Get a Personal Line of Credit and prepare for the unexpected

apply today

Life is digital

So are these everyday financial tools

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Get up close and personal with your credit score

Civic provides ATM access any where in the world.

Get cash from any ATM with reimbursed fees

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See your big picture with Civic and non-Civic accounts in one place

Personal Loan

The Personal Loan gives you fast approval for a lump-sum deposit into your Select Savings or Bonus Checking Account. Break large expenses into affordable payments or consolidate high-interest debt with a lower rate.

Fixed principal and interest payments
Term lengths from 12 to 60 months
No origination or application fees

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Rewards Credit Card

Best life with rewards points

Earn 1% back in rewards points on your purchases
Rates as low as 13.75% APR
Loan amounts up to $30,000 (individuals) or $60,000 (joint accounts)
No application, cash advance or annual fees

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You know the details matter (and you are in good company)

Here are a few FAQs

How long can I use a personal line of credit?

The Civic personal line of credit can be used for 10 years.

How is the payment calculated?

Minimum payments are 2.5% of your monthly outstanding balance, or $25, whichever is greater. Your minimum payment will never exceed your outstanding balance.

Can I use this account as an overdraft option?

Yes, this account can be used to protect your Bonus Checking account from any unplanned purchases. The authorized overdraft protection transfers money from a personal line of credit in $50 increments.

Do I have to advance the funds all at once?

Not at all. You can advance whatever amount you need from your available balance.

How do I access the funds?

For the fastest access, use online or mobile banking to transfer funds from your line of credit to any Bonus Checking, Select Savings or Money Market Account. If a check payment is preferred, contact the Experience Center and make a request for an official check. The requested check will be mailed to you at the address we have on file for your accounts.

What’s the difference between a personal loan and line of credit?

In a nutshell, one is a lump sum and the other is as-needed. A personal loan distributes your loaned funds in one lump sum. A personal line of credit is a revolving loan where you can draw from or advance the money you need, up to your available amount.

Where do I send my Civic loan payments?

Whether you mail your loan payments to us directly, or use an external bill paying service, the payment address is:
Civic Credit Union
PO Box 71204
Charlotte, NC 28272

This address is for payments to Civic Personal Loans, Auto Loans, Personal Lines of Credit, and Home Equity Lines of Credit (HELOCs).

Please note: This address is not for Civic credit card or mortgage payments, or for any commercial loans you may have with us.

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Consolidate debt or prepare for sudden expenses with this Personal Line of Credit

Plan now for gaps in your income or large, unexpected bills with a personal line of credit. Withdraw funds as needed with lower rates than a credit card.

apply today

1 APR = Annual Percentage Rate. Subject to approval. Rates and credit limit are evaluated based on member’s credit history. Borrowers must be at least 18 years old and live in NC, SC, GA or VA. The standard variable APR (from 11.00% APR to 18.00% APR) for purchases will be applied to unpaid introductory balances, new purchases, and new balance transfers. Members may borrow against their line of credit for a period of 10 years, after which the line of credit is closed; principal and interest payments will be required until the loan is paid in full.