If you want more control over the money you borrow, a line of credit in Texas might be the right choice for you. Loan Ridge offers a line of credit of up to $1,000, and you can withdraw money from it as needed. You only pay interest on the amount you borrow, giving you more flexibility with your finances.
Quick and easy applications for line of credit.
Complete your application in just a few minutes.
Provide your digital signature with just one click.
Once approved, we deposit the money into your account.
To illustrate how a line of credit in Texas functions, consider an example. Assume a borrower has been granted a $2,000 line of credit. Since the borrower has an irregular income, they do not require any funds in February. However, their income decreases in March, so they withdraw $600 from their line of credit for that month. The remaining $1,400 remains available to them when they require it in another month. It is essential to note that the borrower is not charged interest on the entire $2,000; they are only charged interest on the amount they take out. In this instance, they are only charged interest on the $600 that they withdrew.
We don’t need to know how you plan to use the funds from your line of credit. Our team is solely focused on providing you with the additional funds whenever you need them. If your income is irregular, a line of credit can be a dependable option for you.
Here are some advantages of having a line of credit:
We're proud to help our clients achieve their financial goals through simplified personal loans.
With our easy application process, the money will be deposited automatically into your bank account.
Paying off your loan in regular installments can help you build and improve your credit score.
Loan Ridge is a direct lender in Texas with a state license, and all loans are funded and regulated in accordance with applicable laws.
Contact us today and rely on us for your financial needs.
The following are the prerequisites for meeting the criteria for an line of credit from Loan Ridge:
Our lending process is briefer compared to other lenders. With us, applicants can receive approval within just 5 minutes.
No. Our loan services are solely intended for residents of Texas.
Your usage of the funds is not our concern; our aim is to offer you the necessary funds, and it’s entirely up to you how you utilize them.
Certainly, you have the option to do so. There are no restrictions when it comes to additional payments or repaying the loan in full, and there are no extra charges to worry about.
You can apply for a loan with us multiple times, provided that you meet the eligibility criteria each time.
As long as your bankruptcy has been discharged and is no longer active, you are still eligible to apply for a loan with us.
We have customers from the following cities in Texas:
The funds will be deposited directly into your bank account or sent through an e-Transfer.
Loan payments are facilitated by a pre-approved payment arrangement, where payments will be automatically deducted from your bank account on the scheduled payment dates.
Certainly, you have the option to make payments prior to the due date, or even make a payment larger than the required amount during the scheduled due date.
We take privacy and confidentiality very seriously, and invest heavily in information systems to ensure the security of all communication with us.
There are no extra or undisclosed charges, apart from those specified in your loan agreement.
We accept applications from multiple applicants.
If you have been making your payments on time and have a good record, you may be eligible for a loan increase or can apply for another loan.
We understand that situations in life can be unpredictable. If you anticipate that you won’t be able to make a payment, please contact us at 1 (888) 431-0031 without delay, and we will collaborate with you to resolve the matter.
If your loan application was not approved, it could indicate that you do not meet certain requirements. We take into account your income, debt level, and available credit when evaluating your application.
As newcomers, we needed a loan to get settled. We took out a quick personal loan from Loan Ridge, which helped a lot.
I needed a personal loan to cover some of my expenses, including a new car. The application process is very easy and quick.
Thanks to Loan Ridge, I was able to consolidate all my debt into one monthly payment which helped me stay on top of my finances.
I got a $2000 loan to fix my house. Applying was extremely easy and I was approved almost instantly. Thanks, Loan Ridge.
Ready to get your line of credit and get things moving in your life? Then start your application process.