Advantage Line-of-Credit and Premier (LOC) Loans You May Authorize Your Advantage Line-of-Credit For Overdraft Protection - to help yourself in case of insufficient funds in your checking account. Bothe Advantage and Premier LOCs Are Revolving Credit Lines - As your balance is paid, your available funds are automatically replenished! A Spectrum Advantage Line-of-Credit and Premier (LOC) loan offers: easy accessibility through line-of-credit drafts (checks) repayment via automatic payroll deduction, mail, audio response or in-person certain rate discounts for qualifying members Members may apply for a Premier or Advantage Line-of-Credit loan (maximum $10,000, subject to credit approval and acceptable debt ratio). In addition, there is NO annual fee for this loan. Talk to us about further information to apply. It's great to have the peace of mind that you have a pool of funds when you need it.