A line of credit (LOC) is lending that’s there, ready to use, inside your account for when you need it. It acts like a pre-approved loan that you can access through your chequing account. Like all loans, it’s best to go over your financial situation with an advisor to find the borrowing solutions that are right for your life.
We use cookies in this website to give you the best experience on our website and show you relevant ads. To found out more, read our privacy policy and cookie policy.