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Revolving Line of Credit
A revolving line of credit is a loan method that allows you to borrow any amount you wish at any time, so long as you do not exceed the preset credit limit established when your line of credit is approved. An unsecured line of credit is usually issued by a lender as a “revolving” line of credit, in many ways similar to a credit card. You can obtain a revolving line of credit for any purpose, including starting a business, paying off bills, funding a child's college tuition or even taking a long-overdue vacation! With a revolving line of credit, you can withdraw funds at any time, up to a specified credit limit, and your monthly payments are based on the amount that you have withdrawn.
At American Unsecured, we specialize in offering unsecured loans that offer qualified borrowers the ability to get the funding they need, for a variety of purposes, without providing equity or collateral. A line of credit from American Unsecured may be obtained in amounts from $10,000 to $5 Million, for business loans without the hassle and worry of providing detailed business plans and financial statements. Your approval for a line of credit is based upon your individual financial background and not a huge pile of tedious, repetitive paperwork. For individual borrowers, the loan maximum is $100,000.
If you are interested in applying for an unsecured revolving line of credit, you should talk to one of the professional loan consultants at American Unsecured. The combined expertise and nearly eight years of experience of our many professionals gives us the skill and resources we need to work with each and every customer's unique individual financial situation. Fill out a short application today! A professional loan consultant will contact you with a no-obligation rate quote. You will find that getting a revolving line of credit has never been easier!
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