Student members under 18

Desjardins gives you the option of financing your purchases with the Desjardins Student Advantage Line of Credit!¹ This way you can get a higher credit limit than usual, up to $3,000.

• The line of credit interest rate is based on the Desjardins Personal Base Rate + 1,25 %.
• Life insurance is mandatory.
• An adult must co-sign your line of credit.

While you’re in school, you pay only the interest monthly. Once you’re out of school, the line of credit is converted into a personal loan, and the principal and interest must be repaid over a period not exceeding five years. If needed, you can get a grace period of a few months before starting to make your monthly principal payments, and continue making your monthly interest payments during this time.

University students may be able to obtain additional credit limits. Some features of this offer may be different.

1. Terms and availability of the Desjardins Student Advantage Line of Credit are subject to a check of the student’s credit report.

Are you a part-time student? Obtain a credit limit increase of $1,500 with the Desjardins Student Advantage Line of Credit. All the terms of this offer apply.