Key features and benefits
- Competitive interest rates
- One loan payment instead of several loan payments
- Improves your cash flow position
- Option to defer one payment a year over the life of the loan for new and existing loans in good standing
- You can pay-off several creditors
How it works
- Complete an application
- Include outstanding bills or invoices
- Provide a copy of your pay stub
- A credit report will be obtained from the Bermuda Credit Association (BCA). BCA is a debt collection agency that monitors bad debt.
- Approvals are received based on individual circumstances.
What you should know before you apply
- View the Personal Banking Fee Schedule
- Loan rates vary per term, down payment and credit standing. Rates are subject to change.
- You must in good standing with the BCA for at least 6 months.
Please note to read PDFs, you will need the Adobe Acrobat reader plug-in for your browser, which can be downloaded from Adobe. If you are accessing this website using screen reading technology that cannot read PDFs, a converter is available at Access Adobe.
