Line of Credit
A Line of Credit is a great way to access the equity in your home and use it for things like home renovations, investments or other personal purchases. You can access your funds at any time of the day whether it is over the phone, online, via Eftpos or from a national network of ATM's and this can be done without getting pre-approval from us. You can also request a cheque book to access your funds. Our Line of Credit loans have competitive interest rates which can be minimised by directing all your income into your line of credit account.
Obtaining a Line of Credit may mean you are automatically eligible for a Bluebay Visa Card (subject to affordability). The Visa Card offers the same ongoing variable interest rate as the Line of Credit. Such a low credit card interest rate could save you significant interest and help in reducing your credit card debt quicker. |
