Personal Lines of Credit
For greater cash control.

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If you’re looking for greater flexibility and control, start with a Police Credit Union Line of Credit. It’s the most convenient way of borrowing funds on a continual basis without having to reapply again and again.

With a chequing account and total pay deposit, you’ll automatically get our best possible REWARDS rate and save on your line of credit.

You’ll have the freedom to use the funds the way you want, whenever you want, or simply to have cash available in case of emergency. It’s like a credit card, only better! You could cut your interest charges by more than half!

Plus, we offer easy applications and fast approvals. You only need to apply once and when you use it, you’ll only pay interest on what you borrow.

It's Easy To Apply!

Talk to your Member Service Officer today -- they'll help you get your line of credit up and running.

CLICK HERE TO APPLY ONLINE

PERSONAL LINES OF CREDIT BENEFITS AND FEATURES

  • Saves time! Apply once, and borrow the money again and again
  • Saves money! Pay less interest than most credit cards
  • Greater flexibility! Borrow up to your approved limit any time and pay interest only on what you borrow
  • It's convenient! Make payments through Payroll Deposit, Automatic Transfer, ExpressLine™, Home Banking, or a credit union ATM
  • Easy access! With cheques, ATM, Expressline™, Home Banking or in-branch withdrawal
  • BONUS! Free starter cheques
  • Preferred rates when loan is secured with credit union deposits or government bonds
  • Repayment based on 3% of your outstanding principal amount on the 13th of each month
  • Life and Accident & Sickness insurance available at excellent rates
  • Interest calculated on the outstanding balance and applied to the line of credit on the last day of each month.
  • No fees if not in use
  • For the larger borrower - minimum $5,000
  • Accident & Sickness insurance available CLICK HERE
 
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