Lines of Credit
Maximize your purchasing power with valuable overdraft protection for your chequing account.
Access the funds you need whenever you need them
Line of credit
Overview
Access funds when needed without applying for a personal loan. Lines of credit are great for personal emergencies, car repairs, home appliances, investment opportunites, education, or funding your RRSP.
Key features
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Owners control their own credit
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Funds are accessible by personal cheque or cash withdrawal
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Competitive interest rates are lower than credit cards
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Flexible payment schedules
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Pay interest only on funds used
Equity Line of Credit (HELOC)
Overview
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
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Security will normally be member's principal residence.
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Value of loan up to 80% of property’s value.
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Fixed, current rate
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All relative costs, i.e. legal, appraisal, etc. can be added to loan amount.
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Flexible weekly, biweekly, or monthly repayment schedules
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Up to 25 years to repay
Get your line of credit more ways
Not sure which line of credit is right for you?
We’ll be happy to help you pinpoint the option that best suits your needs.
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Greener borrowing with PSCU
We have funding available for your home and car purchases to help reduce your carbon footprint and create energy savings.
Reach your financial goals
Explore our range of registered accounts like TFSAs and RRSPs, plus mutual funds, term deposits, and more.
Line of credit rates
Take a look at the latest competitive rates on offer for our line of credit solutions.
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Level up your financial know-how
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Copyright 2025 Public Service Credit Union. All rights reserved.
Copyright 2025 Public Service Credit Union. All rights reserved.
