#on line loans
Borrow for a specific purpose or use a line of credit as needed.
A personal loan or line of credit from Columbus Metro is a great way to pay for planned and unexpected expenses, both now and in the future.
Metro Line lets you access extra funds whenever, wherever you need them. With Metro Line, you have a personal credit line from $500 to $10,000. Simply use MetroWeb or MetroWeb Mobile or visit or call one of our offices to make an advance.
Metro Line is even more convenient paired with a Columbus Metro checking account. When you link Metro Line to your checking account, it’s your protection against costly fees for returned checks and check card transactions. Plus, a checking account makes accessing your Metro Line even more convenient: you can make an advance by writing a personal check, using your Debit MasterCard or withdrawing cash at an ATM. Please note that Metro Line will not automatically advance funds to cover a payment scheduled through MetroWeb Bill Pay.
If you want to consolidate bills, pay for emergency car repairs or even finance a family vacation, a signature loan may be the answer. Signature loans are an unsecured loan product; your signature and your previous credit history act as collateral for the loan.
The maximum term for our signature loans is 48 months. The maximum unsecured debt per household is $10,000 (excluding Visa credit lines).
Share Secured Loans
If you have funds on deposit with Columbus Metro, a share secured loan is an economical way to borrow. With a share secured loan, we put a hold on your savings. money market or certificate accounts (Individual Retirement Accounts are not eligible) equal to the amount that you have borrowed. As you pay down the balance of your loan, your deposited funds become available to you again.
There are two primary advantages to a share secured loan. One, your funds on deposit are your collateral, so you receive a lower rate on your loan. And two, your funds on deposit continue to earn dividends. A share secured loan is also a great way to start rebuilding a damaged credit history.
Savings Builder Loan
Do you need funds for a special occasion or other upcoming expense? If so, our Savings Builder loan may be just what you’re looking for!
The Savings Builder loan allows you to plan ahead for an expected future expense you can borrow anywhere from $1,000 to $10,000.
Our Savings Builder loan is an attractive option for a number of reasons:
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