Terms and Conditions
Payment Type - Revolving line of credit
Billing Period - Monthly, until balance is paid in full.
Interest Rate - Interest rate depends on creditworthiness as determined by Web Bank and will be disclosed after an application is complete up to a maximum interest rate of 29.99%
Available Credit Lines - Up to $50,000, depending on creditworthiness.
Minimum Transaction Size - None
Application Processing Fees - None
Late Payment Fees:
- $15 for account balances <$100
- $29 for account balances >=$100 and <$250
- $39 for account balances >=&250
Not Sufficient Funds Fee - $29
Avoid Paying Interest - To avoid paying interest, you must pay your balance in full each month, and the payment must reach us by the payment due date.
Minimum Monthly Payment - Greater of $15 or 3% of the new account balance rounded up to the nearest dollar, plus all past due amounts.
Prepayment Policy and Fees - Borrower may prepay the entire balance without penalty.