Loans

Personal Loans
No matter what you need it for, London Civic can design a loan that will suit your payment amount and term.  Whether it is for debt consolidation, a new vehicle, or that boat you’ve always dreamed about, London Civic can help.  Personal loans may be at a fixed or variable interest rate with a repayment period typically ranging from one to five years, although a longer amortization may be available.

Consolidation Loans
Fed up with high credit card rates?  If you are, consider taking out a London Civic consolidation loan.  We can combine your personal and credit card debts into a single loan, reducing your interest and your payments.

RRSP Loans at Prime*
Don't miss out on the tax benefits of contributing to your RRSP.  Not only can you borrow at prime, RRSP contributions are tax deductible and you can use your tax refund to accelerate your loan repayment. Take advantage of historically low interest
rates and top up your RRSP.

* Eligibility for loan at prime rate is subject to personal credit review.

Personal Lines of Credit
Sometimes it’s just nice to know the money is there.  A low-interest personal line of credit from London Civic lets you borrow money up to your approved credit limit whenever you need it.  You can access your line of credit in one of three ways: use your debit card, write a cheque, or give us a call and we’ll issue a cheque for you.  You pay interest only on your outstanding balance.