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Line of Credit

Unsecured Loans
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Short Term Rates

Personal Loans: Unsecured Line of Credit
Sorted by: Financial Institution  in ascending order   (Click on a column heading to sort up or down)
Financial Institution Rate
FirstOntario Credit Un. 6.990
PACE Savings & Credit Un 6.750
Rapport Credit Union 15.750
Your Neighbourhood C.U. 6.700

Secured personal line of credit for an amount of $5,000 or less.

A line of credit is an agreement by a financial institution to loan money to a borrower up to an agreed upon maximum. Interest is only charged on the money that is actually withdrawn from the line of credit. The line of credit is secured by collateral, such as the principal residence of the borrower.

These rates are for indication purposes only and should be confirmed with each institution directly. The actual rate available to a borrower will vary depending upon a number of factors which may include general credit worthiness, security/collateral provided, borrowing/repayment history and the extent to which the borrower has other products/services with that particular vendor.

Prepared by Cannex on October 22, 2018
This information is current as of the date and time posted and is subject to change without notice.
© Copyright 2002 CANNEX Financial Exchanges Limited.

All rights reserved. Authorized users may copy portions of this information without alteration for their own personal or internal use only. CANNEX Financial Exchanges Limited must be identified as the source of the data on all copies.