Unsecured Personal Line of Credit in Nassau County, Long Island, NY

[Joshua Nudell]

Hi all,

I know that people are always looking for ways to add funding options for their deals.  I just thought that I would throw a possibility out there for whoever may be interested.

Bethpage Federal Credit Union offers an UNSECURED line of credit for personal use.  It's a rather narrow set of criteria for qualifying (good+ credit score, good W2 income, low debt to income) but could be a good additional source of funds.

I applied for a LOC and got a 13.95% rate on a $25K line. I believe that they go up to $50K on their LOCs, and I have a somewhat high rate because my credit isn't as good as it could be. The requirements to join the credit union are live, work or do business in Nassau County, Long Island, NY.

If you have any questions, let me know.