Line of Credit

Flexible and On-Demand Line of Credit

An Alliant Line of Credit gives you the help you need for large purchases or unexpected expenses with added flexibility and liquidity when you need it most.

• As low as 11.90% APR
• Borrow money with no collateral required
• Borrow funds when you need them, up to the total line of credit
• Set terms and payments
• There’s a low-payment to fit every budget

Take advantage of our great rates and terms on our line of credit loans:

• Generous lines of credit
• Quick approval process with funds available the same day, in most cases
• No prepayment penalty
• Convenient automatic payment or monthly coupons

Frequently Asked Questions

Are there specific funding reasons that are required to get a line of credit from Alliant?
As long as your credit is approved through the fast and worry-free Alliant process, your funds can be available within days.

What type of collateral do I need to provide?
No collateral is needed with an Alliant Line of Credit. See a loan specialist for credit history criteria and other loan application details.

Can I pay off balanced from my line of credit off quicker than the payment schedule?
Absolutely! At Alliant, there are no prepayment penalties for paying off your Line of Credit faster than your payment schedule. In fact, it’s a great way to save some interest expense in the long run.

Member's Choice Protection

Alliant is pleased to offer MEMBER’S CHOICE™ Consumer Loan Protection. By choosing this low-cost valuable payment protection to your loan, you’ll be adding a safety net of comfort and peace-of-mind for you and your loved ones, should you encounter unforeseen financial difficulty due to disability or death.

• Provides peace-of-mind for only pennies a day
• Protects you and your family by canceling your monthly payment, up to the plan maximum, in the event of disability; or your outstanding loan balance, up to the plan maximum, in the event of death
• Shields you from loss of income with involuntary unemployment coverage
• Helps preserve your valuable credit rating
• Helps shelter you from bankruptcy, foreclosure and repossession in a difficult time
• Coverage available up to age 70 on all consumer loan protection options

Consumer Loan Protection Options*
Simply check your preferred protection package on the Loan Application.

Option #1: Ultra Plan

• Protects the primary borrower
• Protection includes life, disability and involuntary unemployment
• Cancels your outstanding loan balance up to $100,000 in the event of death
• Cancels your monthly loan payment for up to twelve months or $12,000 in the event of disability
• Cancels your monthly loan payments for up to six months or $4,000 if involuntarily unemployed

Option #2: Preferred Plan

• Protects the primary borrower
• Protection includes life, disability and involuntary unemployment
• Cancels your outstanding loan balance up to $100,000 in the event of death
• Cancels your monthly loan payment for up to twelve months or $12,000 in the event of disability
• Defers your loan payments for up to six months if involuntarily unemployed

Option #3: Preferred Plus Plan

• Protects both you and the co-borrower with the same benefits as the Preferred Plan

Option #4: Consumer Life Protection Plan

• Protects up to two borrowers per loan for just pennies a day
• Cancels your outstanding loan balance up to $100,000 in the event of death

Check our fee schedule.