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Lines of Credit

Extension of funds for whatever life tosses your way.
 

Access the funds you need whenever you need them

Overdraft Protection

A Safety Net

Overdraft protection is a small line of credit attached to your chequing account. It allows you financial breathing room from unexpected expenses, protecting your credit rating. 

KEY FEATURES
  • Interest is charged only when used and is calculated on the amount used
  • Monthly overdraft fee applied only when used

Personal Line of Credit

Flexible Credit.

A personal line of credit allows you to access to a credit line used for any desires. Perfect for a vacation, emergencies, or renovations.

KEY FEATURES
  • Competitive interest rates
  • Flexible payment schedules – monthly, weekly, or bi-weekly
  • Pay interest only on amount of funds used
  • Access funds using online banking, debit card, ATMs, etc.
 

Student Line of Credit

Continue your education.

Students enrolling in full or part-time studies are eligible. Perfect for handling living and tuition expenses while furthering your education. 

KEY FEATURES
  • Flexibility to take out and pay back portions of your loan whenever you want.
  • Convenient and affordable interest-only payments while in attendance.
  • Flexible repayment schedules.
  • Apply once and advance funds as needed.
  • You pay interest only on amount used.
 
 

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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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

Guide to borrowing

Any time you take on debt, it’s important to understand the ins, outs, and implications of your choices. 

What is a credit score?

You’ve likely heard of credit scores, but what exactly do they mean for you and your finances.

Get more genuine tips, tricks, and helpful resources on our Honest Money blog.

 
iNova Credit Union Limited, iNova Credit Union, the iNova Credit  logo, MEMBERDIRECT and all other trade-marks and trade names of iNova Credit Union Limited appearing on this web site are owned by (or licensed to) iNova Credit Union Limited and may not be used in connection with any product or service that is not iNova Credit Union Limited , in any manner that is likely to cause confusion, or in any manner that disparages or discredits iNova Credit Union Limited.