Types of Lines of Credit

Personal Line of Credit

Our Personal Line of Credit is a flexible, low-cost way for you to borrow on an ongoing basis.

Features and benefits:

  • Ideal for almost any purchase
  • Competitive interest rates
  • Convenient access to funds when you need them
  • Access your credit again and again without reapplying 
  • Only pay monthly interest on the amount you use
  • Pay your line of credit off at any time without penalty
  • Flexible repayment plans: monthly, bi-weekly, or weekly
  • Choose from a secured or unsecured line of credit

How to Apply:

You can apply for a Kawartha Credit Union line of credit online or at your local branch.

You can also contact a Kawartha Credit Union Mobile Representative to discuss lending options. Our specialists will travel to meet you at your home, office, or any other convenient location. Find a lending specialist in your area.

Home Equity Line of Credit

Our Home Equity Line of Credit is a low-cost, secure way for you to finance large and small home improvement projects using the equity in your own home. 

Features and benefits:

  • Competitive interest rates
  • Borrowing is secured using the equity in your home
  • Convenient access to funds when you need them, with no pre-set minimum
  • Access your credit again and again without reapplying
  • Only pay monthly interest on the amount you use
  • Pay your line of credit off at any time without penalty
  • Flexible repayment plans: monthly, bi-weekly, or weekly

How to Apply:

You can apply for a Kawartha Credit Union line of credit online or at your local branch.

You can also contact a Kawartha Credit Union Mobile Representative to discuss lending options. Our specialists will travel to meet you at your home, office, or any other convenient location. Find a lending specialist in your area.

Student Line of Credit

Our Student Line of Credit is a flexible way to borrow money for tuition, books, living expenses and more.

Features and benefits:

  • Competitive interest rates
  • Flexible limits for full-time and part-time students 
  • Convenient access to funds when you need them
  • Only pay monthly interest on the amount you use
  • After graduating, you are given up to 6 months to start repaying the principal you've borrowed
  • No annual service fee and nothing to repay if you don't use the credit line

How to Apply:

You can apply for a Kawartha Credit Union line of credit online or at your local branch.

You can also contact a Kawartha Credit Union Mobile Representative to discuss lending options. Our specialists will travel to meet you at your home, office, or any other convenient location. Find a lending specialist in your area.

RRSP Line of Credit

Looking to top up your RRSPs? Our RSP line of credit offers you the money you need to put towards this year's RRSP, or catch up on contributions for previous years.

Features and benefits:

  • Ideal if you have unused RRSP contribution room
  • Maximize contributions year-round
  • Flexible payment plans: monthly, bi-weekly, or weekly
  • Only pay monthly interest on the amount you use
  • Pay your line of credit off at any time without penalty

How to Apply:

You can apply for a Kawartha Credit Union line of credit online or at your local branch.

You can also contact a Kawartha Credit Union Mobile Representative to discuss lending options. Our specialists will travel to meet you at your home, office, or any other convenient location. Find a lending specialist in your area.



Overdraft

Sometimes it’s hard to keep track of your account. Give yourself a safety net with Overdraft Protection. Overdraft Protection is a convenient, valuable service that protects your chequing account when you don’t have sufficient funds to complete a transaction.

Features and benefits:

  • Attached to your existing chequing account
  • Quick and easy application
  • No monthly fee
  • Interest is only charged on funds used
  • Low cost: min. $5.00 per item/per month, plus interest
  • Covers cheques, withdrawals, electronic transfers, pre-authorized payments and other regular payments

How to Apply:

You can apply for Kawartha Credit Union Overdraft Protection at your local branch or by calling our Contact Centre: 1-855-670-0510.