Loan conditions

All there is to know about about our loans

 

Direct loan

– Loan amounts from $500 to a maximum of $10,000
– Annual interest rate is 4%
– Administration fees is 1% of the loan amount
– Maximum loan reimbursement period: 4 years
– No penalty for early reimbursement
– Accept to be followed by ACEM for the duration of the loan contract
 

Details about loan disbursement

– Loan disbursement is progressive, according to the training plan.
– Payments will be made directly to the provider of the product or service (example : University, Professional Order), where appropriate.
 

Details about loan reimbursement

Payments are due monthly by automatic withdrawal from your bank account, 30 days after loan disbursement.
 
Ready to make a loan request? Visit the  “Submit a loan request?” section for more details.