Lines of Credit

With a Radius Credit Union Line of Credit you can make cash withdrawals, write cheques, or make MEMBER CARD® debit card transactions and purchases without worrying about transferring or late deposits.

Once a limit is established, you can "overdraw" your chequing account up to that approved limit.  You only pay interest on the money you use; for the amount of time you use it. In addition, the principal can be paid off at your convenience in small or regular amounts, or all at once, at any time, without penalty all at competitive rates.