Student Lending
Leaving home and entering into post-secondary education can be a stressful time. At Radius Credit Union we offer options to make the process as easy as possible and ensure you can focus on your studies instead of your bank account.
Post-Secondary Education Loans
Radius Credit Union offers a student loan to full time students (min. 60% course load) that are attending a recognized post-secondary institution. This is an alternate option to the government student loans. Loans features include:
- Maximum advance of $10,000 yearly, total loan value of $40,000 over 4 years
- Principal repayment to begin no later than 6 months after withdrawal as a full time student
- Interest only payments while student is attending post-secondary institution
- Variable interest rates
- no prepayment penalty
- Loan insurance us available
Computer Purchase Loan
The computer purchase loan is available to post-secondary students to be used only for the purchase of a computer of your choice. Features of the loan include:- No down payment required
- Prime rate lending
- Maximum 3 year ammortization
Student Choice MasterCard®
The Student Choice MasterCard® is the perfect "starter" card and a great way to start building a good credit rating. Some features of the card include:
- Available to students 18 years of age and over
- Maximum credit limit of $2000
- No annual fee
