Quick-Line
A Simple Safety Net for Life’s Unexpected Expenses.
Build Credit. Start Small. Move Forward.
Sometimes unexpected expenses happen between paychecks. Quick-Line is a small revolving line of credit designed to help eligible members cover short-term cash needs and avoid costly overdraft situations.
With Quick-Line, funds can automatically transfer to cover eligible overdraft transactions, giving you added peace of mind when you need it most.
With Quick-Line, funds can automatically transfer to cover eligible overdraft transactions, giving you added peace of mind when you need it most.
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Credit lines from $250-$500
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Soft credit inquiry only
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No risk-based pricing
Why Choose Quick-Line?
- Credit lines from $250 to $500
- Soft credit inquiry only
- No risk-based pricing
- Funds available to help cover eligible overdraft transactions
- Revolving line of credit that can be reused as balances are repaid
- Designed as a safer alternative to traditional overdraft protection
How It Works
Quick-Line is an unsecured revolving line of credit linked to your checking account.
When an eligible overdraft occurs, available funds from your Quick-Line may automatically transfer to cover the transaction. As you repay the balance, those funds become available to use again.
When an eligible overdraft occurs, available funds from your Quick-Line may automatically transfer to cover the transaction. As you repay the balance, those funds become available to use again.
Eligibility Requirements
To qualify, members must:
- Be a new member
- Have a membership open for at least 35 days
- Maintain an active checking account
- Complete the application at a Nassau Financial branch
- Have current employment
- Have no late payments reported within the previous 12 months
- Have no bankruptcy filings within the previous 12 months
- Have aggregate collections and charge-offs of $2,000 or less
- Complete a soft credit inquiry
Quick-Line is a variable-rate revolving line of credit available to eligible new Nassau Financial members. Credit limits range from $250 to $500. The Annual Percentage Rate (APR) is variable and based on the Prime Rate plus a margin of 9.00%, with a maximum APR of 18.00%. Membership account must be open for at least 35 days and include an active checking account. Application must be completed at a Nassau Financial branch. Stated employment required. Soft credit inquiry required. Subject to approval and other eligibility requirements. Terms and conditions apply. Membership is open to those who live, work, worship, volunteer, or go to school in Nassau and portions of Suffolk County, NY, and immediate family of those eligible for membership. A $5 deposit into a Share Savings Account is required for membership.