Secure your access today to the line of credit that keeps child care affordable:*
How it works:
  • Use your line of credit to pay your child care bill for up to 24 months
  • We'll pay your care center directly each month
  • ​We'll send you a monthly statement
  • You pay a lower, fixed monthly payment (set to 50% of full-time care cost)
  • Unpaid amounts are financed over time
​Product features and benefits:
  • Dedicated line of credit for up to 24 months of child care for a 3-5 year old
  • Lowers your monthly payment by 50%
  • No pre-payment penalty
  • No origination or hidden fees​
  • 21.90% Annual Percentage Rate (fixed)
  • Free to apply

The Jump Start Difference

We've designed our line of credit with parents and children in mind.
  • We provide a credit line dedicated to child care costs for a two year period. If one parent is out of work, or the budget gets tight, don't take your child out of care just to get back on a waiting list when things return to normal. Take comfort in knowing you will have funds available.
  • We set your monthly payment at 50% of the cost of full-time care. Enjoy lowering your payments by 50% while knowing you are still making significant payments against your principal balance to control the amount of interest you'll pay.
  • Use it as you need it. Our line of credit is flexible tool in your toolbox. If you can afford to pay off more each month, it's up to you. There are no pre-payment penalties or hidden fees. Check out our pre-pay interest reduction calculator below to see how much interest you can save by slightly increasing your payments each month.

The costs of using a credit card to pay for child care

Using a credit card to pay for child care can lead to a large amount of debt and interest paid over time. Credit cards typically offer a low minimum monthly payment (typically 3% of the balance or $30, whichever is greater), which make it tempting to pay only as much as you have to.*

*Example credit card APR of 21.90% is taken from within the range of APRs described on Credit.com, for people with good credit.

Paying for child care with a Jump Start line of credit

Jump Start sets your minimum monthly payment at half the cost of full-time care so you can fit it in your budget while avoiding the amount of interest paid using a credit card with a minimum payment. Plus, Jump Start reserves your credit line for only child care expenses, so it will be there when you need it.
If you can afford to pay more than the minimum payment, you can save even more interest. Jump Start has no pre-payment penalty, so use only as much of the credit line as you need. Jump Start can be the insurance policy you need to help through life events like job loss, divorce, or unexpected expenses. All while keeping your child care intact.
OUR FINANCIAL CALCULATORS are for informational purposes only and are not intended to provide financial advice.  All examples are hypothetical and for illustrative purposes.  Although we have obtained content from sources deemed to be reliable, we are not responsible for any content provided by unaffiliated third parties.  You may wish to consult an appropriate outside advisor about your financial situation.
*Jump Start Finance lines of credit are issued through ONE AMERICAN BANK, Member FDIC

If you have any questions,
​please contact us:
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