A penny saved is a penny earned
Whether you want to make a major purchase, finance a wedding or consolidate debt, a personal loan is a simple and convenient borrowing solution to help reach your goals.
Offering choice, flexibility and structured payments, here’s how a personal loan from TIB Bank® could be tailored to meet your needs:
Terms generally range from 1 to 5 years.
You could switch from a fixed rate to a variable rate at any time if prime rate goes down.
Make your payment monthly, semi-monthly, bi-weekly or weekly. You can also make changes to your payment account, payment amount, payment frequency or payment due date through TIB Online Banking.
You can pay off your loan in full without penalty and close your account at any time through TIB Online Banking.
Skip up to the equivalent of 1 monthly payment each year, without penalty.
You could save thousands of dollars a year and easily manage your credit with a Royal Credit Line.
A Royal Credit Line could save you money and time, and help you easily manage your credit. Here are some of the valuable benefits that you can enjoy:
Save thousands of dollars a year in interest—rates are typically lower than those offered by credit cards.
Plus, there is no fee to withdraw funds.
Withdraw funds at the ATM, write cheques from your account, or transfer money through TIB Online Banking.
The ability to decrease your credit limit and close your account is available through TIB Online Banking.
Once you pay down your balance—no need to re-apply.
Make just the minimum payment or pay more to reduce your balance. You can also make changes to your payment account, payment amount, payment frequency or payment due date through TIB Online Banking.