Personal line of credit
Secured
Backed by collateral, such as property or savings
from 7.20%
Unsecured
Relies on the borrower’s creditworthiness without the need for collateral
from 10.49%
Student line of credit
Unsecured
Relies on the borrower’s creditworthiness without the need for collateral
from 10.49%
Home equity line of credit
Variable rate
Changes with the BCU Prime Rate
, affecting your loan payments
BCU Prime Rate
The BCU Prime Rate is the benchmark interest rate used by BCU Financial for variable-rate loans, adjusting with the Bank of Canada's rate changes. It's usually 1.5 to 2.5 percentage points higher than the lending rate set by the Bank of Canada.
from 7.20%
