I applied for a CLOC last night, was approved 3 hours later. Question I have, how does this work? I read something about getting a check in the mail. Do I need to write a check to use the funds? Sorry this probably sounds ridiculous, in my mind I was just thinking it would be an option elevtronically available like an account I can see online then draw from if I need to use it.
Perfect thank you! I think I may have asked for too low of an amount, no clue what I would have been approved for. Is it possible to recon the limit given how close the approval was (ie less than 24 hours) or will it be a HP since decision already made?