Line of Credit

Protect Your Account

LaHave River Credit Union Line Of Credit allows you to borrow any amount to the maximum predetermined amount without having to arrange for individual loans.

The member pays 3% as a regular monthly deposit on the amount borrowed or withdrawn from the line of credit for the period used, calculated on the daily closing balance and charged to the account monthly.

You can access the funds by using YOUR chequing account in one of the many ways:

  • Write a personal cheque
  • Withdraw from your account in branch or through Inter Credit Union
  • Use your MEMBER CARD® debit card
  • Using your Global Payment™ card

How to Apply

Make an appointment with a Financial Service Officer to discuss your financial needs or apply online today!

A list of items can be prepared ahead of time to facilitate the loan application:

  • Proof of income (such as previous year’s Notice of Assessment from your income tax return)

 Home Equity Line of Credit

Utilize up to 80% of the appraised value of your property less any prior mortgages or liens. Top up your RRSP, build your investment portfolio, home repairs or a vacation. Monthly payments are only 1% of the outstanding balance. The Home Equity Line puts you in control of your money.