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Your iLOC gives you the ultimate flexibility to borrow or repay however you choose – here's how to make the most of it.
To withdraw funds or make a payment, first you'll need to connect a bank account. Learn how to connect a bank account.
Drawing Funds
Requesting a Draw
To make a draw, simply log in to www.inclined.com and then navigate to 'draw funds' from your homepage, enter the amount you'd like to borrow and the account to send it to, then press 'request draw'. That's it!
Most draws submitted by 3pm Pacific Time arrive in your bank account by the next morning via ACH - but your bank's specific timing may vary. Draws begin accruing interest when they are processed, learn more about how interest works on your iLOC.
Draw Limits
You can request a draw up to the amount of your available credit, which is your credit limit less any other pending draws, principal balance, and due/overdue interest. The minimum draw is $1000.
Cancelling a Draw
After submitting a draw, you can cancel it from your home page under 'pending transfers' anytime before it starts processing. Typically draw requests are processed every few hours during business hours.
Making a Payment
Making a Payment
To make a payment, simply log in to www.inclined.com and then navigate to 'make payment' at the bottom of the page. To access the payment portal click 'login' which will automatically log you into the payment portal.
Enter the amount you'd like to pay, and when you'd like to schedule the payment (up to 30 days in advance) and click 'make payment'. That's it!
When are Funds Moved?
Payments are processed every few hours during business hours, typically funds will be pulled from your bank account the next business day - but your bank's specific timing may vary.
Payments are applied to your balance when they start processing, if your account has insufficient funds for the payment, the payment will be cancelled and your balance will update to reflect the balance without the payment -- you'll need to ensure you have the proper funds and submit the payment again.
Paying off Principal or the Line
Payments are first applied to any due or overdue interest, then to principal, and last to any interest that has accrued to-date in the current period but hasn't yet come due. Learn more about how periods and interest work on your iLOC.
If you'd like to pay down principal, simply pay more than your due interest and the remainder will be applied to your principal balance. You can also select "due interest" and "additional principal" when entering the payment amount.
If you'd like to pay off the line, simply pay the total outstanding balance listed on the payment portal. Please note, if you make a payment late in the day it may not process until the next day, in which case there may be one additional day of interest remaining that needs to be paid.