Personal Loans

LENDING

Lending that gives your budget breathing room.

Real life sometimes means you need to make an expensive purchase when you don’t have the cash on-hand. If you need some breathing room in your budget or want to work towards a big purchase, the right loan can be a great solution. You can also leverage low-interest loans to consolidate some of your high-interest debt with a set payment schedule.

Our advisors are on standby to help you find the right financial solutions for your real life.

Talk to us today.

Your success is our top priority and we actually care how things turn out. Talk to our Lending Team today and we’ll help you plan for the real life you want.

Book your complimentary appointment.

BOOK APPOINTMENT

Partnership

The more we get to know you personally, the better we can help you create the real life you want. Together, we’ll find the right loan, term and rate that works for you.

Advice

Our focus is to educate and guide you towards the right lending solutions and to provide clear, simple and personalized advice that you can feel excited about.

Rates

We offer rates that are as low as possible to make sure that your loans work for your real life. We want you to feel confident about your lending solutions.

TermsTake advantage of flexible and realistic terms that align with your personalized goals and timeline.

Term length options available from 1 to 8 years
Fixed or variable rate options
Weekly, bi-weekly, semi-monthly or monthly payment schedule options

Apply online

† Read terms and conditions.

Terms and Conditions.

† Rate and approval based on risk profile.

Up to 30 days before first repayment
1 to 7 year finance terms‡ available
Finance any investment solution within your RRSP account

Call our Lending Team at 1.888.517.7749 today.

† Read terms and conditions.

Terms and Conditions. † Rate and approval based on risk profile. Interest payments on RRSP loans are not tax deductible. ‡ Offer subject to change without notice at any time. Interest rates are guaranteed and are calculated on a per annum basis.

Competitive rates and flexible terms^†
Quick approvals and easy payment options
Finance new and used vehicles, including business fleets
Refinance and reduce monthly card payments^‡
Fixed rate throughout the full term

Learn more

† Read terms and conditions.

Terms and Conditions.

† Rates and terms are subject to standard lending criteria

‡ Auto refinancing does not apply to existing Coast Capital auto loans. Refinancing may result in a lower monthly payment, but may not be the case in every circumstance.

Coast Capital Savings Federal Credit Union automotive financing products are offered by Coast Capital Auto & Equipment Finance Ltd. under the name Coast Capital Auto Finance. Coast Capital Savings Federal Credit Union automotive financing products are available in Ontario, Nova Scotia, New Brunswick, Manitoba, British Columbia, Prince Edward Island, Alberta, Newfoundland and Labrador.

Attaches to your existing chequing account
Limits of $500 to $3,500 available¹
Interest only charged on funds used²
Quick and easy application³

Talk to us about Overdraft Protection

Terms & Conditions

Limits subject to qualification.
Monthly fee applies where overdraft is used.
Approval based on risk profile.

For more information, see our full list of service fees.

Loan Insurance

Through our partners at Valeyo^‡, we offer line of credit coverage that takes care of your payments if you become disabled due to a health issue, accident or injury and more.

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Budget Calculator

A budget is key to financial success. They make your life easier and keep you on track to reaching your financial goals.

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Loan Calculator

Use our Loan Calculator to figure out the amount you can borrow and what your repayment schedule might be.

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Loan Insurance

Through our partners at Valeyo^‡, we offer line of credit coverage which takes care of your payments if you become disabled due to a health issue, accident or injury. If you were to pass away, this coverage helps reduce or eliminate your outstanding loan balance. Creditor Insurance available through Coast Capital Savings Federal Credit Union is underwritten by Canadian Premier Life Insurance Company.

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Automatic Deposits and Payments

Make deposits into your chequing or savings account at a regular frequency. You can also set up automatic bill payments.

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Coast Mobile® Banking App

Do most of your banking with your smartphone and tablet on our Apple or Android App.

Get our App

Step 1

Take no more than 10 minutes to complete the application. We’ll get back to you within 3 business days.

Step 2

We’ll contact you to discuss your application including required documents, rates and terms.

Step 3

Finalize the loan at a branch of your choice.

Get started

I’m a Salaried Employee

If your salary is consistent throughout the year, you will need to provide 2 of the following:

Direct deposit payroll into a Coast Capital Savings account with a minimum of 2 months consistent direct deposits.
Direct deposit into another Financial Institution (bank statements with a minimum of 2 months consistent direct deposits)
Current year to date pay stub within the last 30 days (must show year to date income)
Current job letter

One of the following items can be provided as an alternative to one of the items above:

Your most recent T4, OR CRA Income Tax Return including all schedules (T1 General or CRA Tax Summary Notice), OR Notice of Tax Assessment (NOA)

I’m Self-Employed

I’m Self-Employed You will need to provide the last 2 years’ Notice of Tax Assessment (NOA) AND:

Not Incorporated: Last 2 years’ CRA Income Tax Return (T1Generals), including all schedules
Incorporated: Last 2 years’ Accountant prepared Financial Statements OR the last 2 years’ Corporate T2’s along with the General Index of Financial Information (GIFI)

I Earn Commission, Overtime or Bonus Income

You will need to provide the last 2 years’ T4’s OR the last 2 years’ Notice of Tax Assessment (NOA) accompanied by the last 2 years’ T1 Generals (including all schedules), PLUS

Most current year to date pay stub (within the last 30 days), OR
Current Direct deposit payroll into a Coast Capital Savings account

If your salary is consistent throughout the year, you will need to provide 2 of the following:

Direct deposit payroll into a Coast Capital Savings account with a minimum of 2 months consistent direct deposits.
Direct deposit into another Financial Institution (bank statements with a minimum of 2 months consistent direct deposits)
Current year to date pay stub within the last 30 days (must show year to date income)
Current job letter

One of the following items can be provided as an alternative to one of the items above:

Your most recent T4, OR CRA Income Tax Return including all schedules (T1 General or CRA Tax Summary Notice), OR Notice of Tax Assessment (NOA)

I’m Self-Employed You will need to provide the last 2 years’ Notice of Tax Assessment (NOA) AND:

Not Incorporated: Last 2 years’ CRA Income Tax Return (T1Generals), including all schedules
Incorporated: Last 2 years’ Accountant prepared Financial Statements OR the last 2 years’ Corporate T2’s along with the General Index of Financial Information (GIFI)

I Earn Commission, Overtime or Bonus Income

You will need to provide the last 2 years’ T4’s OR the last 2 years’ Notice of Tax Assessment (NOA) accompanied by the last 2 years’ T1 Generals (including all schedules), PLUS

Most current year to date pay stub (within the last 30 days), OR
Current Direct deposit payroll into a Coast Capital Savings account

Real Estate

Current BC Property Tax Assessment(s) & mortgage balance statement(s)

Protection

Current life and health insurance policies (both private and group benefits if applicable).

Vehicles

Detailed listing of all vehicles owned, including recreational (ICBC insurance document may be required)

Investments

Current statement(s) for RRSP, GICs, mutual funds, etc.

MANAGING YOUR MONEY

Loan or LOC? A look at two lending options.

A loan and a line of credit are two ways you can borrow money. Find out what the differences are and which one is right for you.

Read article

MANAGING YOUR MONEY

Is all debt bad?

Debt doesn’t have to be a dirty word. There is good debt and bad debt. Find out more about the types of debts and which ones to avoid.

Read article

MONEY HELP

How lending can get you ahead.

There’s such a thing as good debt. Sometimes good debt can help you get out of bad debt. Read about how lending can sometimes help you get ahead.

Read article

‡ Valeyo is a marketer of personal loan insurance underwritten by Canadian Premier Life Insurance Company (Head Office - Toronto, ON) and insurance-related products. This product may not pay off your entire personal loan obligation. Any benefits will be payable to your creditor. Exclusions, limitations and terms of availability apply to this coverage. For cost and complete details, contact your Coast Capital Savings lender.

Terms and conditions

Rate and approval based on risk profile.
Interest payments on RRSP loans are not tax deductible.

Personal Loans

Lending that gives your budget breathing room.

Why partner with Coast Capital?

Products and tools

More help.

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Helpful Resources

Helpful Resources

Personal lending documents

Personal Lending Documents

What do you own?

Make your loan work for you