Loan Rates

Loans and Lines of Credit

Juggling life while managing your finances can be hard. A Libro Coach can help set you on the right track no matter your borrowing needs.

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Libro Prime Rate: 7.200%

All rates are subject to change without notice.

Coaching Advice

A consumer loan could be right for you if you need peace of mind when repaying debt, with a personalized Coach by your side.

Coaching Advice

A consumer loan could be right for you if you need peace of mind when repaying debt, with a personalized Coach by your side.

Product
Rate
MeritLine (Home Equity line of credit) from
8.200%
Personal Loans from
8.200%
Overdraft Protection – up to $5,000
19.490%
Rates offered on approved credit only.
Rates offered on approved credit only.
Coaching Advice

Purchasing an older vehicle? Talk to a Libro financial lending Coach to get your rate. Get in touch with us.

Coaching Advice

Purchasing an older vehicle? Talk to a Libro financial lending Coach to get your rate. Get in touch with us.

Product
Length
Rate
Auto Loan – vehicles up to 3 years old
Variable (Prime + 1%)
8.200%
1 Year
7.790%
2 Year
7.790%
3 Year
7.790%
4 Year
7.890%
5 Year
7.990%
6 Year
7.990%
7 Year
7.990%
Rates offered on approved credit only.
Vehicles 3 years old or newer are eligible for up to 7-year terms and special pricing shown above. Vehicles 4 years or older are eligible for up to 5-year terms and standard pricing.
Vehicle age determined by model year: The current year (or future) model is new;  Prior year’s model (last year, not the current year) is 1 year old. Etc.
Rates offered on approved credit only.
Vehicles 3 years old or newer are eligible for up to 7-year terms and special pricing shown above. Vehicles 4 years or older are eligible for up to 5-year terms and standard pricing.
Vehicle age determined by model year: The current year (or future) model is new;  Prior year’s model (last year, not the current year) is 1 year old. Etc.

Auto and Student Loan Options

Student Loans

Libro has financing options to help cover the costs of post-secondary education for students in university, college and apprenticeship programs. The Student Line is a line of credit where students may borrow up to $6,000 per year (part-time) or $12,500 per year (full-time), subject to credit approval. It can be customized so students only borrow what they need, when they need it. Students must prove part-time or full-time enrollment to qualify (an approved co-borrower may be required), and interest is paid monthly, with principal repayments starting one year aſter leaving school.

Find out more 

Auto Loans

Auto installment loans help you finance the purchase of your dream car. You repay it by regular blended payments over an agreed term. Libro offers variable or fixed interest rates, a choice of payment options, and flexible repayment options (including six and seven year vehicle loans for new or nearly new vehicles).

Talk to a Coach

 

Related Resources

Loan Options

Looking for more information? Read about the different loans available.

Calculators

Explore calculators to understand different loan scenarios. 

 Read our Loan Blogs

Looking for advice specific to you? Check out our Making Cents of Money blog.

Have Questions?

Speak with a Libro Coach today to learn more about your loan options.

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