Loans and Lines of Credit
To find the right borrowing option for you, it's helpful to think about:
- Are you borrowing for a one-time purchase or an ongoing need?
- Would you like to repay on a set schedule or do you need flexibility?
- Is there collateral (like your home) you could use?
Keep this in mind as we take a look at the options to help you make real financial progress.
Let's start with the different ways you can borrow
- EXPLORE LINES OF CREDITLines of Credit
A flexible way to borrow when you're not sure exactly how much you'll need.
- Student Borrowing
A student line of credit is an affordable, flexible way to cover tuition, rent and more.
EXPLORE STUDENT BORROWING
Help me choose
Let’s find the smart way for you to borrow money. Just answer a few short questions.
Browse our featured options
Loan vs. Line of Credit
What's the difference between a loan and a line of credit? Basically, it's about how you get the money and how you pay it back.
Let’s see which one’s best for you.

FAQs
Frequently asked questions
Helpful lending tips and advice

Your must-have guide to applying for a loan
Thinking of getting a loan or line of credit? Here's what you need to know before you apply

How to improve your credit score?
It may not always feel like you have the power to improve your credit score, but you can do it with the help of these tips.

How to get approved for a personal loan or line of credit
Looking to make a large purchase or consolidate debt? Increase your chances of getting approved.
Have more questions?
Locate a BMO branch near you.
Visit a branch to get expert insight and discuss your options.
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