Apply for a credit line Apply online or in a store and you could get up to $3,000. If approved, the full credit line is yours to use as you need - draw the amount you need whenever you need it. Select your initial draw With a personal loan or line of credit from U.S. Bank, you’ll get to enjoy easy access to your funds. Find the loan that’s perfect for you and apply online today. The Best Online Home Loans for Bad Credit As with auto loans, home loans are secured loans, with the intended property acting as collateral against default. With typical periods of 15 and 30 years, mortgages have the longest terms of any other type of consumer loan. Your actual annual percentage rate (APR) may be higher than the rate shown. At least 15% of approved applicants qualified for the lowest rate available based on data from to . A personal line of credit acts more like a credit card, with a “revolving” credit line and accumulated interest on any unpaid balance. You can take out money as needed, but you will need to make. Some sayings are universally considered to be bad; for example, nothing good has ever really come after the sentence, “We need to talk.” Other things, however, are entirely in the eye of the beholder — like the words, “Credit check required.” If you have good credit, those three little words are pretty innocuous. If, however, […] If you have bad credit, the interest rate you’ll pay on a line of credit may be much higher than what you’d pay if you had strong credit. And that’s if you can find a lender who’ll approve you for a line of credit — many only grant them to people with good credit. A line of credit provides flexibility and quick access to funds in an emergency. Apply Online – You can easily apply for a line of credit online 24 hours a day. You can also call us during business hours to apply over the phone. Choose the amount – You can get a credit limit of up to $1,000. A line of credit works differently than a loan but may be a great alternative when you need funds on an ongoing basis. You’re probably familiar with how a loan works: Once your loan application is approved, you receive your loan money as a lump sum. SunTrust personal lines of credit are here to help you with large purchases or unexpected expenses. Apply online in less than 15 minutes.