Personal Loans

Whatever your financial need, a personal loan from IC Savings can make your dream a reality.

We use a human approach to credit granting, rather than automated scoring models that treat everyone the same. It means we take all your circumstances into account, and work harder to build a loan that works for you. A Personal Loan helps you achieve your goal now – renovating your home, buying a car, taking a vacation, making an investment, or consolidating your high-cost debts into a single, affordable payment.

We Specialize in Flexibility
With an IC Savings Personal Loan, you have the flexibility to choose either a fixed or variable interest rate, the frequency of your payments, and the set term over which you'd like to repay the loan. We’ll help you structure the payments to fit your cash flow, so that you can handle the debt comfortably. Personal Loans may be granted without security, but a secured loan can reduce your interest rate.

An IC Savings Personal Loan could be right for you if you:

• Want to renovate or purchase a big-ticket item for your home.
• Want to consolidate outstanding debts into one convenient monthly payment, and possibly save on interest costs.
• Find it easier to budget with a specific monthly payment amount.
• Want a lower rate by using security.
• Want to establish your credit rating.
• Want to maximize your RRSP contribution.

Key Benefits of a Personal Loan: 

• You Save Money.
• You can repay all or part of the loan at any time without penalty.
• You can cut your interest costs by choosing to make payments more frequently.
• By securing your loan, you can lower your interest rate and gain access to a larger loan amount.