Ready Reserve Line of Credit protects your eCentive®, Payroll Plus or Carefree Checking account from overdrafts.
Ready Reserve Features
- Competitive interest rates
- Unsecured – no collateral
- Saves overdraft charges and the embarrassment of returned checks
- Automatically deposits money into your checking account in $100 increments when overdrawn or when the balance falls below the minimum required
Automatic Payment Plan
- Automatic payment from checking account based on outstanding balance
- Monthly payment will be $25 for each $500 outstanding
Ready Reserve Line of Credit is subject to additional terms and conditions and credit approval. This chart is an example of the repayment information:
Outstanding Balance | Monthly Payment |
under $500 | $25.00 |
$500 – $1,000 | $50.00 |
$1,000.01 – $1,500 | $75.00 |
$1,500.01 – $2,000 | $100.00 |