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Commerce · April 20, 2017

Wealthfront Portfolio Line of Credit

Auto-approved, no application loans from Wealthfront

Wealthfront Portfolio Line of Credit launched on April 20, 2017 with 8 votes, #1,018 of 3,007 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 9 years on.

What it does

Borrow up to 30% of your portfolio at a low rate of 4.96%

With a Portfolio Line of Credit, you can request to borrow in seconds at a low rate of 4.96 %, and get money deposited in as little as 1 business day. If there’s a simpler, faster way to borrow cash, we haven’t seen it. Borrowing is limited to taxable Automated Investing clients. Learn more *That’s generally way cheaper than a credit card (19.49% on average) or personal loan (6.99% – 35.99%). You don’t have to dip into your long-term funds to make your investing dreams happen today. Borrowing against your portfolio means your money stays in the market, and you can avoid the tax impact of withdrawing on gains. Earlier or later. Larger or smaller. You’re free to pay when and how you want.…from wealthfront.com

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Source: Product Hunt launch ↗

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