How a loan can work for you.
Finance your dreams
Purchase that new car or take that dream vacation with quick access to cash without the high interest rates of a credit card or cash advance.
Pay over time
Keep things manageable by paying in scheduled instalments over a specified period of time (typically 1-5 years). There's no penalty for early payments and you can choose to make payments monthly, semi-monthly, bi-weekly or weekly.
Consolidate high-interest debt
Borrow at a lower interest rate to pay off high-interest debts like credit cards, or just consolidate your debt so you can keep track of it.
Find the loan that's right for you.
Frequently Asked Questions
One basic question to ask yourself is why you need to borrow money. Is it to fund a one-time purchase, or to provide yourself with an ongoing financial buffer?
You can't re-borrow from a loan, while a line of credit has a limit you can draw from, repay, and draw from again. Interest rates will also vary between loans and lines of credit.
Talk to one of our experts. They’ll review your credit history and experience, as well as your short and long-term financial goals to help you find the best borrowing option for you.
We've got you covered with our skip-a-payment option: You can skip up to the equivalent of one monthly payment each calendar year without penalty. Conditions may apply.
In addition to unsecured loans, clients have the option to place a security (i.e. collateral) for the loan that will help them qualify for a larger amount or save money through a lower interest rate. This collateral can be in the form of personal property, investments or other eligible securities. An ATB loan expert can help you determine the eligibility of a security. Learn more about personal loans.