Your Lender of Choice
With attractive rates and flexible terms, Creative Arts Savings & Credit Union aims to be the lender of choice for our members!
Among their many features, our personal loans offer the following:
Apply online or in-person
Flexible repayment options
All loans open to early repayment with no penalty
Life and disability insurance available (and recommended)
Payment relief can be arranged during layoffs, strikes and leaves of absence (including parental leave)
Interest rates on our personal loans are calculated on the declining loan balance
Click here for more information on loans and our user-friendly loan payment calculator and auto loan versus lease comparison calculator, or check our current rates.
The Self-Promotion Loan
Invest in yourself… with a Self-Promotion Loan from Creative Arts
Some actors choose to adjust their ‘look’ to re-position themselves for different roles. Others may elect to re-launch their careers with a fresh face. Or they may simply wish to refresh their appearance to hold onto the roles they favour even as they age.
As a financial institution designed exclusively for entertainment professionals, we understand those motivations.
And unlike the big banks, which might view re-making one’s image as an unworthy purpose for a loan, Creative Arts knows it can be a smart investment in your future.
That’s why we developed the Self-Promotion Loan. It can finance dental work, laser eye surgery, hair transplants, cosmetic surgery, even a new photo shoot. Sure, all of these items involve substantial outlays. But rather than discretionary expenses, an actor will see them as ‘investments’ in his or her career. We see them that way, too.
Professionals on the other side of the camera, such as filmmakers, might choose to borrow $10,000 to help finance a project. We view that as an investment in yourself as well, and Creative Arts can also structure a personal line of credit to help you meet your business goals on the production side.
Our Self-Promotion Loan is available as a line of credit – of $5,000 or more – for qualified borrowers. Draw it down as much or as little as you need, at the times that are right for you. For members who want the discipline of a fixed repayment schedule, you can choose level monthly payments to retire the drawn balance over a three-year term.
If a Self-Promotion Loan would help you make the most of your upcoming career opportunities, apply online or call us at 416-642-6749 or toll free: 877-643-3660.
Looking for a way out?
Get off the debt treadmill with a consolidation loan from Creative Arts
We understand. At times, your debts can get out of hand. If you’re facing the crunch of high interest charges, you’re probably finding it difficult to make even your minimum payment each month. When you owe money on credit cards at interest rates of 18.9% or more, it feels like you’re never going to get out from under.
The Power of a Consolidation Loan
A consolidation loan from Creative Arts may be the answer. Exchange all your monthly payments for a single, manageable payment on one loan – at a substantially lower rate than what you’re presently paying. Interest rates on new personal loans may never be lower in your lifetime than they are right now.
Take Control of Your Debts
Stop those annoying collection calls from creditors
Preserve or restore your good credit rating
Earn a second chance to change the things that got you into a hole in the first place
Start working toward a debt-free future
Does this Sound Like You?
Your credit cards or other debts, such as overdrafts or payday loans, total $5,000 or more
You’re being charged interest at rates of 15% or higher
You’re barely staying even, or falling behind, on your payments
You have a steady gig
If so, you could be a candidate for a consolidation loan. For a personal, private conversation, call us at 416-642-6749 or 877-643-3660, or stop by our office in the ACTRA building. All you have to lose are your exorbitant interest payments.
RRSP Loans from Prime
Just because you're short on cash right now doesn't mean you have to forfeit a financially healthy retirement, or miss out on attractive tax savings.
Contributing on a regular basis will help build a significant nest egg over time.
Creative Arts Savings & Credit Union offers RRSP loans priced as low as Prime. When you receive your income tax refund you can use it to pay down your loan.
Borrow up to $5,000
Flexable repayment terms to meet your budget
If you have plenty of unused RRSP contribution room, ask us about a "Catch Up" RRSP Loan.
Click here for our member-friendly loan payment calculator, or check our current rates.