ScotiaLine Personal Line of Credit

  • Right for you if:
    You want a line of credit that lets you decide when you borrow and how much you repay

  • ScotiaLine is an excellent way to give yourself some added financial flexibility.

  • Reduce your interest costs; interest is only charged on the balance you owe, at a rate lower than most personal loans

  • Save money by paying off higher-interest debts

  • Spending up to a pre-determined limit

  • Unrestricted access to your credit. All you do is write a cheque at no charge.

  • A flexible repayment schedule that you control

  • Payments as low as interest only

  • Complimentary ScotiaLine personalized cheques

  • Comprehensive monthly statements for easy record keeping

  • No pre-payment penalty

  • Optional credit protection

  • Once you've established your ScotiaLine account, there's no need to re-apply. You simply access your credit whenever you need to.


    Fees and Terms

     

    No pre-payment penalty

     

    Optional credit protection

    You might also need...

    Advice

    Life can be full of surprises: a wedding, a graduation, a major purchase like a new car or boat, even a home renovation. A Personal Line of Credit is a great way to help you realize your dreams and enjoy those special moments in life. Scotiabank will show you the flexibility and freedom in borrowing the right way.

    Read More

    We also offer:

    Gold Personal Line of Credit
    Gives you instant access to your credit whenever you need it, and once it's yours, it's yours for life!

    Ready to Apply?

    In Person

    Contact us for more information

    Find a Local branch