Why is the Visa credit card information in the loan section?
Visa credit cards are actually loans. Credit cards are like unsecured lines of credit. Each time you use your credit card, you are accessing a line of credit with a promise to pay it back. Visas, however, are unique in that they offer a grace period on purchases wherein you will not need to pay interest if paid in full before the grace period ends. For more questions about Visa credit cards, please call the Credit Union at 503-220-2592 or 800-942-9408 in OR & WA.