FAQ – Youth – Student Strategic Line of Credit
No, life insurance is not required. However, if you want to get life insurance, Desjardins Financial Security offers an attractive insurance option: Line of Credit Insurance.
Find out more about Line of Credit Insurance.
What happens to the principal payments on my Student Strategic Line of Credit if I don't find a job right away when I finish school?
You must begin paying back the principal no later than 12 months after you finish your full-time studies. However, interest is still payable monthly just like when you were still in school.
The Student Strategic Line of Credit is offered only in participating Desjardins caisses in Quebec.
Contact an advisor at your caisse.
Do I pay interest on the authorized limit of my Student Strategic Line of Credit or only on the amount I've used?
Interest is due monthly only on the amount you've borrowed.
The Student Strategic Account is offered to members who are full-time university students.
Can't find the answer to your question?
Write to us through your secure AccèsD message box