Personal lines of credit

Today’s a good day to make your tomorrows come true.

A line of credit from Alerus can give you flexibility and options in how you reach tomorrow’s goals – and also provide a cushion for today’s emergencies.

With a line of credit, you don’t pay interest until you draw money, and you are only charged based on the balance you carry. It’s perfect for situations when you’re not sure how much you’ll need or when you will need it.

Interest is paid regularly on the amount used, and principal is paid when you choose within a set period of time.

As we work with you to find the right loan option, we’ll help you make smart decisions about debt and credit so you feel confident in your finances.

Start Application

Our personal loan calculator tools helps you see what your monthly payments and total costs will look like over the lifetime of the loan.  Calculate your payment.

Other Alerus funding options