Returned or missed payments and bad checks can wreak havoc on your credit score. An overdraft protection loan can help you reduce that risk, but you should get to know the ins and outs of why that's so important.
A small shortfall shouldn’t become a bigger problem, and with our overdraft protection loan, it doesn't. This gives your checking account a built-in safety net so if your balance runs low, eligible transactions can be covered automatically.
An overdraft protection loan can help you:
Helps prevent returned payments when your account balance falls short.
Borrow only what you need when you need it, repay it with manageable terms.
Avoid those nasty surprises like late fees or bounced payment charges.
Explore answers to common questions from borrowers like you, so you can move forward with confidence.
If you use a traditional overdraft, you may get hit with a fee and can struggle to get back in the black. With an overdraft protection loan, transactions are covered by an approved credit limit that can help you avoid more fees.
It’s only used once there are no more funds in your savings account to cover eligible expenses like checks, ATM and debit card transactions, and electronic payments.
Your repayment terms are established when the loan is approved. If you’re using the loan, you can make payments through online banking or in person.
Stay in control of your finances with our free and easy online banking and mobile app. Check balances, manage transfers, even apply for new services. The power's in the palm of your hand.
