RRSP Loans

Depending on your situation, it may make sense to borrow for your RRSP. Maximizing your annual RRSP contribution is one of the best ways to build a secure retirement.

OPPA Credit Union offers personal loans and lines of credit for RRSP contributions. The money you borrow to invest will grow tax-free together with the rest of your RRSP investments.


  • A fixed payment schedule makes a personal loan ideal for catching up on missed contribution room from previous years
  • With a line of credit, you can borrow again and again, up to your approved credit limit, without having to reapply
  • The interest rate on the loan is set at OPPA Credit Union Prime rate + 1.00%

Speak to your Financial Advisor for details. See also Are RRSPs Right For You?


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