Borrowing
Managing debt effectively is an important part of your financial security plan. Borrowing money is often seen as an obstacle to reaching financial goals but, if managed effectively, you can use debt as a tool to help you achieve your goals sooner. Borrowing allows you to finance projects or purchases today that could otherwise take years to save for, such as purchasing a home. With an effective debt-management strategy integrated into your financial security plan, borrowing can play a positive role in helping you achieve your financial goals.
Your financial security and investment representative can help you find ways to use debt more effectively and adopt strategies to help you pay down debt faster.
You can meet your everyday borrowing needs with one or more Solutions Banking lending products. Whether you're preparing for occasional emergency expenses, taking advantage of an investment opportunity, renovating your home or cottage, or purchasing a new car or boat, one of these straightforward options is a smart choice for expanding your debt management options.
Ready to establish a loan or a line of credit?
Contact a financial security and investment representative to find out if one of these borrowing options is right for you. Or if you're already a Solutions Banking client, go to the Client Services section to find out more.
This line of credit is backed by the cash surrender value of your life insurance policy.
Maximize your unused RRSP contribution room and keep your retirement plan on track.
Use this loan to finance the purchase of segregated fund contracts or mutual funds. Take advantage of the long-term growth potential of a diversified portfolio.
A flexible way to manage your opportunities and emergencies.
Use this home equity-backed line of credit to finance major purchases at favourable interest rates.
A simple solution for financial goals.
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