Can I make lump sum payments towards my Scotia personal loan without penalty?

Yes, you can make extra payments towards your loan any time via online or mobile banking without incurring any additional fees.

Can I delay a payment on my Scotia loan?

Yes. With a Scotia Plan Loan, you can postpone one payment per year, but please note that interest will continue to accrue during this deferral period.

Where can I find the current interest rate for a Scotiabank line of credit?

You can find the latest rates and information about the ScotiaLine Personal Line of Credit by phoning Scotiabank.

Can I qualify for a loan through Scotiabank if I'm self-employed?

Yes, you can. You're still eligible to apply if you're self-employed. However, you will need to submit information regarding your self-employment, including your recent CRA My Account Assessment, and a recent notice of assessment (NOA) and corresponding T1 General 4-page summary.

How can I manage my Scotia loan?

You can manage your Scotia personal loan via online and mobile banking. Simply log in to your account to check your outstanding balance, see how much your next payment will be, check how much of your term is remaining and make extra payments towards your loan.