RRSP Line of Credit
Making an annual RRSP contribution is as easy as transferring the funds from a pre-arranged line-of-credit. It’s a convenient option for people who make annual contributions by borrowing, or who want to maximize this year's contribution or take advantage of unused carry-forward amounts.
Benefits:
- Apply only once
- Lump sum repayment available
- Easy phone call authorizes transfer
- Make extra payments anytime, without penalty
Features:
- Available to purchase Public Service Credit Union RRSP products
*All lending is subject to credit approval within normal credit guidelines.