We only accept online or phone applications for a Personal Loan or Line of Credit from customers who have an existing account with us. Please visit a Wells Fargo branch to speak to a personal banker about your credit options. A line of credit loan from Speedy Cash is similar to a credit card. You apply once and can draw funds as often as you need up to your credit limit. What is a credit limit? A credit limit – credit line – is the amount that you're approved to borrow. For example, if you're approved to borrow $750 then $750 is the maximum amount that you can. For more than 3,000 years, humans have been using goods — and, sometimes, labor — as collateral for a financial loan. In fact, the word pawn reportedly stems from the Latin pannum, or clothing, which was the most common form of collateral used in 15th-century Europe. Today, most lenders won’t accept your best outfit as collateral […] In a Nutshell If you have bad credit, it can be difficult to get approved for a line of credit. When you need money, looking at lenders that offer “bad-credit” lines of credit may not be your only financing option — or even the best one. Personal Line of Credit Loans What is a Personal Line of Credit Loan. A personal line of credit loan is a loan from $500 to $25,000 that you apply for here online. A personal line of credit loan is like an installment loan in that you make regular installment payments on the loan. The Best Online Auto Loans for Bad Credit In contrast to a personal loan, an auto loan is a secured loan, in which your automobile acts as collateral against default. In other words, if you can’t repay your auto loan as agreed, your creditor can repossess your vehicle and sell it to regain some of its losses. A Line of Credit gives you the ability to do just that without having to fill out a new loan application each time you want to make a draw. With our line of credit loans, you only need to apply for a line of credit one time and after you obtain approval, you can withdraw funds up to your available credit. Important Information About These Products. Subject to credit approval, eligibility and credit qualifications. 1 Line maturity and access to available funds is determined by line amount and an annual credit review process. 2 Personal Credit Line rates will vary with the market based on the Prime Rate. The Prime Rate means the highest per annum Prime Rate of interest published by The Wall. Lines of Credit for bad credit, find, compare and apply for credit cards, loans, repair your credit, consolidate debt - 131. Line Of Credit Loans For Bad Credit - If you are looking for fast approval on a loan then our online payday loans can help you get cash the next business day.