{"id":1033107,"date":"2024-03-05T12:24:26","date_gmt":"2024-03-05T17:24:26","guid":{"rendered":""},"modified":"2026-01-19T19:47:19","modified_gmt":"2026-01-20T00:47:19","slug":"kindred-personal-loans-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/personal-loans\/kindred-personal-loans-review","title":{"rendered":"Kindred Credit Union personal loans and lines of credit review"},"content":{"rendered":"

What is Kindred Credit Union?<\/h3>

Kindred Credit Union is a member-owned financial cooperative headquartered in Kitchener, ON. It offers a wide range of personal banking products and services to its members, including chequing and savings accounts, credit cards, mortgages, personal loans and investments. Kindred Credit Union also provides an online banking platform and mobile app.<\/p>

Is Kindred Credit Union legit?<\/h3>

Kindred Credit Union was founded in 1964 as the Waterloo County Mennonite Credit Union. Known as Kindred Credit Union since 2016, it operates 8 branches across ON and has over 27,000 members.<\/p>

Finder Awards<\/h3>In 2023, we completed the Finder: Personal Loan Consumer Satisfaction Awards<\/em> \u2014 an annual ranking of personal loan providers in Canada based on customer satisfaction feedback. In 2024, we completed the Finder: Personal Loans Best-in-Class Awards<\/em>, which recognizes the best personal loan brands in Canada based on our data-driven methodology.
\"Highly<\/div>

Finalist: Best-in-Class<\/h4>

Kindred Credit Union was a finalist in the Best Personal Loan Traditional Lender (Provincial) category in the Finder: Personal Loans Best-in-Class Awards 2024<\/em>.<\/p>

Full list of 2024 winners<\/a><\/p><\/div><\/div><\/div>

Features of Kindred loans<\/h3>
Feature<\/th>Personal loan<\/th>Personal line of credit<\/th><\/tr><\/thead>
Loan amount<\/td>Not specified<\/td>Not specified<\/td><\/tr>
Loan term<\/td>1 - 5 years<\/td>Open<\/td><\/tr>
APR<\/td>6.55% - 13.70%<\/span> (fixed)5.45% - 13.70%<\/span> (variable)<\/td>Varies<\/td><\/tr>
Serviced provinces<\/td>ON<\/td>ON<\/td><\/tr>
Eligibility requirements<\/td>Valid recurring income<\/td>Valid recurring income<\/td><\/tr><\/tbody><\/table>

What are the interest rates for Kindred loans and lines of credit?<\/h3>

The interest rate on a fixed-rate personal loan from Kindred Credit Union ranges from 6.55% - 13.70%<\/span>. If you apply for a variable-rate loan, the minimum rate is the Kindred prime rate plus 1% and the maximum rate is the Kindred prime rate plus 9%. The current prime rate is 4.45%<\/span>. Your rate depends on your personal financial situation.<\/p>

Line of credit interest rates are not listed on the Kindred website. The rate you get will vary depending on factors such as your credit score, income and history with Kindred Credit Union.

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\nRelated: <\/span>Personal loan rates in Canada<\/a>\n<\/div>\n<\/article><\/p>

What we like about Kindred Credit Union loans<\/h3>