Line of credit loans
A line of credit loan lets you use a single account for your home loan and everyday spending.
The limit on the line of credit loan is fixed and does not reduce as you repay the loan. This means you can always draw up to this limit.
Your wage can get paid into the loan account, reducing how much you owe on the loan for part of the month and therefore reducing the interest you'll pay.
You can make everyday purchases using the loan account and can also use a credit card.
Your credit card debts can automatically be 'paid off' each month by the line of credit loan.