Check Credit

C & F Check Credit is a revolving line of credit account which will allow qualified persons to borrow money within prearranged credit limits.  This can be done by overdrawing your checking account, intentionally or accidentally.  We will cover your overdraft either way, 24 hours a day, 7 days a week.  If you prefer, advances can be made against your credit line without an overdraft by simply visiting one of our tellers and requesting a transfer from Check Credit to your Checking Account.

C & F Check Credit is your personal checking account check protector.  Needed amounts will be transferred to your C & F checking account to cover overdrafts.  Deposits will be made in $50.00 increments. For example, if your checking account is overdrawn $35.00 then $50.00 will be deposited to cover and pay the check involved.

C & F Check Credit allows you to make your payment the easy way.  We will simply deduct your payment, which is indicated in your monthly checking account statement, from your checking account automatically on a specified date each month.  Your payment is based on 5%  of your total credit line plus that month's interest charge.  However, part or all of your balance may be paid at any time.

C & F Check Credit is an excellent value to you.  The overdraft protection alone is a definite plus compared to the cost and embarrassment of a returned check.  Most banks impose at least a $25.00 charge per check returned and stores are doing the same.  The convenience alone is worth having a C & F Check Credit.

There is no cost until you use it.  When you do, interest is charged for funds used based on your Average Daily Balance.  The annual percentage rate is 18%.  A fee of $2.00 per Check Credit Advance will be charged to the borrower's checking account.

C & F Check Credit is very easy to apply for.  Stop in at any of our offices or call us and we will send you an application