Money on Request Line of Credit
Otherwise known as MOR, this is an open-end, simple interest loan, secured by your signature.
Features
- Easy way to borrow up to $20,000 for just about anything imaginable...from furniture to family vacations
- As you pay down this loan, funds become available for use again and again
- Convenient repayment with automatic payments transferred electronically via another account or payroll deduction
- Easy-to-manage monthly payments with competitive fixed rates
- No collateral required
- No pre-payment penalties
Disclosure
All loans are subject to credit approval. Other restrictions and conditions may apply. Rates and terms are subject to change without notice. Eligible as an Overdraft Protection line of credit. Available for automatic payment methods. Rate discounts may apply (See Rate Discount Table for details).