Product Name

Personal Line of Credit

Product Description

The amount of the limit will be based on your income, assets and your credit record. The line is revolving within the limit and borrower does not need to pay any interest on any undrawn balance.

Available Currencies

CAD, USD

Product Features

1.　  Variable interest rate only

2.　  The line will be subject to annual review for the purpose of monitoring of line utilization

3.　  Flexible repayment plan and you can repay any principal at any time without penalty to minimize your interest payment, though a minimum monthly repayment will be determined by the bank from time to time

Target Customers

Customer with valid ID and have proven stable income

Process

Apply in person at any of our branches

Documents required

Your photo ID, e.g. passport, citizenship card, PR card, a valid Canadian Driver License; SIN card

Friendly Reminder

Personal line of credit is not allowed for commercial use