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Personal Line of Credit

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1-877-522-3863 for more information.

Find out about a flexible and practical financing solution that can help you to face those financial struggles that comes up sometimes.

What is a personal line of credit?

The personal line of credit is a simple financing tool that give you all the latitude you need to go forward with your projects, without having to apply for a loan every time, insofar as you don’t exceed the afforded limit.

Ultimately, the funds are available to use as you please.

Minimum amount $1,500
Interest rate
  • Attractive variable interest rate.
  • The rate fluctuates according to the Laurentian Bank line of credit base rate.
  • Interest applies only to the funds used.
Access to funds You have access to your funds at all times:
  • By cheque
  • Through LBCDirect services
  • At ABMs
Repayment terms Flexible repayment terms are available:
  • only interests;
  • 3% of your line of credit balance;
  • fixed payments.

Have you ever thought about taking out line of credit insurance?

Protect your loved ones from life’s uncertainties.


This financing product is suited for you if:

  • You need help to realize upcoming projects (renovations, new furniture, computer equipment, etc.);
  • You are looking for a convenient financing solution to face unexpected expenses or to take advantage of a good opportunity when you see one;
  • You want more flexibility to manage your personal finances;
  • You seek flexible repayment terms;
  • You are somewhat comfortable with interest rate fluctuations.

This financing product is not suited for you if:

  • You are not disciplined in your debt reimbursements;
  • You are not comfortable with interest rate fluctuations.

* Some restrictions may apply. Please read your cost of borrowing declaration and your contract provided when opening your personal line of credit.

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