Types of loans

Credit TypeOverviewFeatures and Benefits
Personal Loan A one-time lump sum for a big purchase, home renovation, debt consolidation, and more.
  • Fixed or variable rate
  • Flexible loan repayment terms
  • No early prepayment charges
Vancity Fair & Fast Loan A quick loan solution if you need cash in a hurry.
  • You could borrow as little as $100 up to $2,500
  • Flexible payback schedules
  • Break the payday loan cycle
Line of Credit A flexible source of credit that's there for you to use again and again.
  • Use your credit again and again
  • Access funds at any time
  • Choice of unsecured and secured
Vancity Home Energy™ Loan Get rewarded with a lower interest rate to finance energy-efficient home renovations.
  • Take up to 15 years to repay
  • Save money with flexible terms and lower interest rates
  • Borrow as little as $3,500 or a maximum of $50,000
Clean Air Vehicle Loan Get a preferred interest rate to purchase a vehicle that emits less carbon.
  • Take up to 10 years to repay
  • Save money with flexible terms and lower interest rates
  • No penalties if you repay your loan early
Ready to Rent Loan Get an interest free loan to update your rooms/suites for new refugees.
  • Interest free loan
  • Borrow as little as $3,500 or a maximum of $50,000
  • Flexible repayment options available
RRSP Loan Get funds to put towards this year's RRSP, or catch up on contributions for previous years.
  • Defer your first payment and use your tax rebate to repay all or some of your loan
  • No penalties if you repay your loan early
  • Competitive interest rates
Peerloan Newcomers to Canada who are looking to enter a trade or profession or need to build credit history.
  • No early prepayment charges
  • Low interest rate
  • Flexible repayment plans

Vancity Fair & Fast Loan™ is a trademark of Vancouver City Savings Credit Union.