Effective January 1, 2026: Conexus Credit Union 2006, Cornerstone Credit Union Financial Group Limited, and Synergy Credit Union Ltd. amalgamated as Conexus Credit Union. Learn more.
Start by scheduling an appointment with a financial advisor. Be sure to bring necessary documents such as personal identification, and proof of income. You should also be prepared to fill out a net worth statement. If securing a Personal Loan with your home, you will also need the amount of property tax standing and proof of home insurance.
Your loan eligibility will depend on factors like your credit score, income, and the loan's purpose.
Once approved, you’ll receive your funds in a lump sum and can easily manage your loan through the Conexus online banking platform.
With flexible payment options, you can choose a weekly, bi-weekly, semi-monthly, or monthly payment schedule. You can even make accelerated payments or increase your payment amount at any time, allowing you to pay off your loan faster without additional fees.
Fixed-rate loan
Predictable payments: A fixed-rate Personal Loan ensures your interest rate stays the same for the entire term, so your monthly payments won’t change.
Fixed term lengths: Fixed-rate loans are available with terms of up to 5 years. If your loan is amortized over a longer period, the term will still be capped at 5 years. This allows you to have lower monthly payments, but you may need to make a larger final payment to fully pay off the loan.
Variable-rate loan
Rate adjustments: A variable-rate Personal Loan is linked to the prime interest rate, which can fluctuate during the term of the loan.
Flexible terms: Variable-rate loans can have terms longer than 5 years. If the amortization period exceeds the loan term, you may enjoy lower monthly payments, but you'll likely need to renew the loan to pay off the remaining balance at the end of the term.
Impact of interest rates: If interest rates rise, your payments may stay the same, but your loan term could extend. If rates drop, you may continue with the same payments and pay off your loan more quickly.
Curious about your payments? Our loan calculator makes it easy to estimate your costs and find the best financing options for you. Just enter a few details and instantly see how different terms and interest rates affect your payments.
Debt consolidation calculator →
Struggling with multiple payments? Our debt consolidation calculator helps you see how combining your debts into one manageable loan could save you money and simplify your finances. Enter your balances, interest rates, and terms to discover a smarter way to pay off debt faster.
Ready to get started?
Meet with one of our financial advisors to find out how much you can get approved. Fill out our contact form and we’ll contact you within one to two business days!