Loans

Flexibility for wherever you are in life

Find the loan to fit your next big goal

Personal Loans

Description

A personal loan is a convenient solution when funds are needed for an important purchase, luxury item, or to consolidate debt into one lower-cost, convenient payment.

Key features

Repay your loan faster with weekly or bi-weekly payments
No penalty for extra payments or early repayment
Make extra payments at any time, in any amount, and as often as you would. like

Vehicle Loans

Description

A pre-approved loan puts you in the driver’s seat when negotiating price or comparing lease agreements. And when comparing, remember to ask about making extra payments, loan insurances and cost of borrowing. With the right information, you can make the right decision that fits your lifestyle.

KEY FEATURES

Flexible repayment terms
Repay your loan faster with weekly or bi-weekly payments
No penalty for extra payments or early repayment

RRSP Loans

Description

RRSP loans*, with rates as low as prime + 1%, provide an opportunity for owners to maximize their RRSP contribution and take advantage of maximum tax benefits today while providing for their future retirement.

KEY FEATURES

Terms from 12 months to 15 years.
3-year renewal for fixed rate loans.
Minimum payments apply.

Home Equity Loans

Description

With Total Access Home Equity (TAHE), you can use the equity in your home to give you the financial freedom you require to make those necessary home renovations, do some well-deserved travelling, pay off high-interest debts, or for whatever lifestyle goals you may have in mind.

KEY FEATURES

Credit limit up to 80% of the home’s current appraised value.
Mortgage terms can be customized into fixed and variable rate solutions, or between short and long-term solutions.
Flexible payment options. Monthly payments can be as low as interest only or pay off the full balance without penalty on open terms or lines of credit.
Allows consolidation of existing debt to save on interest charges.

Student Lending

Description

It’s tough being a student. "Student Life" shouldn’t be a contradiction in terms. Exams. Term Papers. "The best years of your life." You don’t have time to worry about money. That is why Teachers Plus Credit Union has great news for students. We will help you figure out where to put your money and how to get more when needed.