Bank of the West Line of Credit

Bank of the West Line of Credit Review

Bank of the West Line of Credit is offered through Bank of the West, a bank founded in 1874 and based in San Francisco, CA. Bank of the West Line of Credit are available in 50 states (and Washington, DC).

Bank of the West line of credit FAQ

What APRs does Bank of the West Line of Credit offer?

Bank of the West Line of Credit offers a variable APR product, but they do not disclose their rates. Rate is quoted with autopay discount*.

Does Bank of the West line of credit charge an origination fee?

No, they do not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Does the Bank of the West line of credit charge a cash advance fee?

Yes, they may charge a fee.

Does the Bank of the West Line of Credit charge a statement balance fee?

No, this lender does not charge a statement balance fee.

Does Bank of the West Line of Credit charge a late fee?

Yes, they may charge borrowers a late payment fee.

How much can you borrow via Bank of the West line of credit?

Upon approval and based on your credit score and credit history, your personal line of credit will be assigned a credit limit of at least $5,000 and as much as $50,000. .

Bank of the West Line of Credit Fees

Cash Advance Fee	N/A
Origination Fee	No
Prepayment Fee?	Yes
Late Payment Fee	No
Statement Balance Fee	No

What do you need to qualify for Bank of the West Line of Credit?

Applicants with a credit score of at least 680 and up to 850 may be eligible for Bank of the West Line of Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Bank of the West Line of Credit does not have or does not disclose a minimum annual income eligibility requirement. Bank of the West Line of Credit only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Bank of the West Line of Credit. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Bank of the West Line of Credit.

Does Bank of the West Line of Credit report your account activity to credit bureaus?

Yes, Bank of the West Line of Credit reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is Bank of the West a legit company?

Bank of the West was founded in 1874, it is a well-established company that has been in business for 149 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

How to apply for Bank of the West line of credit

• Visit the website.
• Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
• Check the information is accurate and submit your application.