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Performance of Our Signature Funds

Values for:

As of:

Whether for home repairs, renovations or to start a small business, exploring your borrowing options is a good investment of time. An Educators personal loan offers education members low interest rates and manageable monthly payment installments.

  • Secured Loan

    $50,000 and up
    Loans up to

    $1M

    Starting at

    4.95%

    variable interest rate

    A secured Educators loan offers low variable interest rates. The loan is secured against collateral, usually your home. With a variable rate of interest, the interest charged on your outstanding balance will vary as interest rates change.


    Common Questions

    • Why a Secured Loan instead of a Line of Credit?

      With a Secured Loan you know exactly how much you have borrowed and the repayment term. With a loan, there is an end in sight. However, if you pay it off and need additional funds, you have to apply again.

    • Can I make payments at any time without penalty?

      Yes, make as many payments as you would like. Payments may be made weekly, bi-weekly, mid-monthly or monthly.

    • How can I access my loan account?

      You can access your Loan through any of these methods: online or by phone.

  • Unsecured Loan

    Less than $50,000
    Loans up to

    $50,000

    Starting at

    4.95%

    variable interest rate

    An unsecured Educators loan offers low variable interest rates. Rates tend to be a little higher with unsecured loans because they do not require any collateral. With a variable rate of interest, the interest charged on your outstanding balance will vary as interest rates change.


    Common Questions

    • Why an Unsecured Loan instead of a Line of Credit?

      With an Unsecured Loan you know exactly how much you have borrowed and the repayment term.

    • Can I make payments at any time without penalty?

      Yes, make as many payments as you would like. Payments may be made weekly, bi-weekly, mid-monthly or monthly.

    • How can I access my loan account?

      You can access your Loan through any of these methods: online or by phone.

  • Full Withdrawal of Service Loan

    $5,000 or less
    Loans up to

    $5,000

    Starting at

    6.25%

    interest rate

    Labour negotiations can create uncertainty for education members. When a full withdrawal of service happens, sometimes the pay alone is insufficient to meet your financial needs. A Full Withdrawal of Service Loan smooths out an unexpected drop in income.


    Common Questions

    • Why a Full Withdrawal of Service Loan instead of a Line of Credit?

      A Full Withdrawal of Service Loan is designed to be quick-and-easy.

    • Why a Full Withdrawal of Service Loan instead of a Personal Loan?

      A Full Withdrawal of Service Loan is for small amounts to meet a short-term cash shortfall.

  • Ontario Teachers Insurance Plan
    OTIP RAEO logo

    Don’t get stuck paying too much for car or home insurance! Learn about exclusive savings, service and perks available for members of the education community.

    Plus, get a $20 gift card of your choice when you get a car or home insurance quote from OTIP!*

    Get a quote from OTIP!

    *Restrictions apply. See details.

    Learn more
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