Managing Debt
At CIBC, we understand that borrowing funds can help you achieve the things that matter to you. We also understand that saving money on interest costs, improving your cash flow and becoming debt-free faster are just as important.
By consolidating your higher interest rate balances into one lower rate borrowing option, you’ll save on interest costs and also have fewer payments to worry about every month.
CIBC Personal Loans and Lines of Credit enable you to borrow with flexibility at competitive interest rates.
Talk to a CIBC advisor today and see how we can help you take control of your finances.
CIBC Personal Line of Credit
- Get a competitive variable interest rate that is based on the CIBC Prime rate
- Access funds of $5,000 or more
- Make payments only on the funds you use, not your total credit limit
- A quick one-time application means the money is available whenever you need it and you don’t have to re-apply for credit every time
Are you a homeowner with equity?
Home equity is the current market value of your home, minus any outstanding debt registered against your property, like your mortgage balance. Learn more
Secure a lower interest rate and higher credit limit with the CIBC Home Power™ line of credit.
Learn more | Apply now by phone at
CIBC Personal Loan
- Flexibility to choose either a fixed or variable interest rate
- Access funds of $3,000 or more
- Pay off all or part of the loan at any time
- Helps you budget by choosing the frequency of your payments, and the term over which you’d like to repay the loan
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