Solution Centre >> Question

Solution Centre

Loans / Lines of Credit

Posted on: Apr. 20, 2012 I like this  Like This     Email to a friend  Email to a friend     Subscribe for updates  Subscribe for updates
Q. I hear people talking about their line of credit...what is that? How do I get one or find out if I qualify for one?

A. A Consumer Line of Credit is a personal line of credit that lets you borrow funds whenever you need them. You just apply once*, get approved for a certain amount and it's yours to access whenever you need it. So whether you want the security of an emergency fund, to make a major purchase or consolidate some debt, a personal line of credit from us may be just the thing you need.

Consumer Line of Credit features:
- competitive rates (lower than most credit cards)
- overdraft protection
- pay interest only on the funds that you use
- no prepayment penalty
- optional insurance protection

For more information or to book an appointment with one of our lending specialists, contact us.

*application may be reviewed annually