Limitations on Credit Advances. You will receive a Credit Voucher showing the amount of the credit limit on your Line of Credit, which is the maximum amount you may draw upon without getting our specific approval for additional advances. You may access credit on your Line of Credit, repay any portion of the amount borrowed, and reborrow any portion up to your credit limit from time to time without limitation.
Limitations on Credit Advances. If the Credit Union grants you a line of credit, the Credit Union will notify you of the amount of your Account, which is the maximum amount you may draw upon without getting specific approval for additional loan advances, and the minimum monthly payment amounts. Advances on the line of credit may be obtained at any time up to your credit limit, so long as your line of credit has not been suspended or credit limit reduced. You agree not to attempt to obtain more credit than the amount of your line of credit or after the draw period. If you temporarily exceed the maximum of your line of credit, you understand such credit does not increase your line of credit and you agree to repay the excess immediately. We will notify you in writing on an advance form, on your statement, or by separate notice if the amount of your credit limit goes up or down. You may access credit on your Account, repay up to your credit limit from time to time during the draw period without limitation.
Limitations on Credit Advances. You will receive a separate document showing the amount of the credit limit on your Account, which is the maximum amount you may draw upon without getting specific approval for additional loan advances. You agree not to attempt to obtain more credit than the amount of your credit limit. If you temporarily exceed your credit limit, you understand such credit does not increase your credit limit and agree to repay the excess immediately. We will notify you in writing on an advance form, on your statement, or by separate notice if the amount of your credit limit goes up or down. For line of credit accounts you may access credit on your Account, repay any portion of the amount borrowed and re-borrow any portion up to your credit limit from time to time without limitation. For all other loans you may access your Account once and you must repay the amount borrowed in accordance with the payment terms.
