Lines of Credit

An affordable way to make continuing education possible. Students can borrow to assist with the cost of attending a post-secondary educational institution, including community college, university, or techincal school.

Benefits:

  • A Student Line-of-credit is available to full or part-time students(a co-signer may be required), at very competetive interest rates.
  • Amount of up to $6500/year or up to $26 000 total
  • While in school, you pay only for the interest on your loan or line-of-credit.
  • Regular loan payments on the principal do not begin until six months after you've stopped being a student

 

Features:

  • Repayment amortizations: up to 10 years, depending on loan balance.
  • Credit Life and Disability insurance available
  • Line-of-credit means you apply once and advance funds as needed. You pay interest only on amount used.

 

Subject to credit approval and normal credit guidlines.

 

Contact one of our  Beaubear Credit Union financial advisor for more details.

Cathy MacDonald ~ 506-622-9321    cmacdonald@beaubear.ca

Kyla Mazerolle  ~ 506-622-6916  kmazerolle@beaubear.ca

 

 

 

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