Lines of Credit

Personal Line of Credit

 A Community Credit Union Line of Credit (LOC) maximizes your purchasing power. It ensures access to funds when needed-without waiting or arranging for a personal loan. It’s great for personal emergencies, car repairs, major home appliances, investment opportunities, education, RRSP, etc. Rates are lower than retail credit cards, so paying off credit card balances in full each month with a LOC limit can reduce overall borrowing costs.


  • You control your own credit
  • Funds are accessible by personal cheque, cash withdrawal or Global Payment MasterCard
  • Competitive interest rate
  • Flexible payment schedules
  • Pay interest only on the amount of funds used 

 Home Equity Line of Credit

Utilize up to 75% of the appraised value of your property less any prior mortgages or liens.  Top up your RRSP, build your investment portfolio, do home repairs or go on a vacation.  The Home Equity Line puts you in control of your money.

™ Experience the Difference Logo is a registered trademark of Community Credit Union of Cumberland Colchester Limited, 2014