Mortgages & Loans > Line of Credit

You never know when you might have an emergency and need some extra cash. A Line of Credit is perfect for these situations. It’s a variable rate loan given to members that may be used at any time. A personal line of credit provides you with total convenience and flexibility…allowing you access to your funds as you need them.

To see if you qualify for a Line of Credit, visit one of our branches, where one of our Member Service Representatives will be there to assist you.

Features

• Interest rates depend on type of Line of Credit chosen, contact one of our Loan Specialists today.
• Can be used as overdraft protection on your chequing account to give you added protection and avoid an NSF service fee on your account.
• You only pay interest on the amount you use, for the time you use it.

Access

• Access to funds with SASCU cheques
• Access to your funds through ATMs at SASCU, EXCHANGE®‚ and other Canadian Credit Unions, MemberLink®, MemberDirect®, and any SASCU branch.
• Request an advance in person by visiting one of our Member Service Representatives at your local branch.

Payment

• Repayment options can be made by using Payroll Deposit* or Direct Deposit options. *employer option dependent
• 3% of any outstanding balance, monthly deposit required if using line of credit.

To inquire about a SASCU line of credit – visit one of our 3 branches today, or contact us via phone or email: info@sascu.com. We are here to serve you.