Revolving credit is a line of credit that allows borrowers to borrow money on an as-needed basis up to a certain approved limit, repay the amount borrowed and then borrow it again. Unlike an installment loan, where a set amount of funds is disbursed to you at once and you pay it back with regular, fixed payments, you can borrow as little or as much of the limit as you choose.

A revolving line of credit allows you the flexibility of choosing how much of your limit you want to borrow and when you’d like to borrow it. You don’t need to reapply each time you want to draw additional funds from your line of credit.

Eligibility for a loan or line of credit through Ardent is based on several factors, including your credit score, credit usage, payment history and ability to repay the loan. You must also either already be or be eligible to become a member of Ardent Credit Union.

Be prepared to supply personal information to confirm your identity as well as financial information such as gross monthly income and employment status on your application.

You can draw on your funds by advancing it to your Ardent checking account and either withdrawing cash at thousands of surcharge-free ATMs in our nationwide network, writing a check or by using your Ardent Visa® debit card.

No. Once established, your line is available for you to use without a set draw period or term.