At the present time, CSF only makes loans to Canadians to finance the purchase of a Vacation Club Membership. With our focus on the vacation industry we can provide a unique lending solution for Canadians while outside of Canada.

The principal source of funds for the CSF Vacation Loan program is from CheckMark Financial Corporation. CheckMark provides loans to CSF to fund the consumer loans. Interest paid on the consumer loans provides funds that allows CSF to pay interest to CheckMark and its Bondholders who hold the Bonds in their RRSP accounts. CheckMark offers Bonds to qualified Canadian investors through an Offering Memorandum. In this way payments on the CSF Vacation Loans helps to build retirement savings for Canadian Bondholders.

You can apply online while you are still on vacation. Approvals given within 24 hours and often much faster. Click here for CSF’s online lending portal.

Absolutely not. CSF’s credit approval will not affect your credit score. Furthermore, when you obtain your loan it will not be reported to credit bureaus.This means that your borrowing ability will remain unaffected.

Yes. You may prepay all, or any part of your vacation loan at any time without any penalty.

Payments are taken directly from your bank account in Canada each month with a Pre-Authorized Debit (“PAD”). This is done automatically each month.

Yes. CSF Loans are amortized over ten years with equal payments of principal and interest each month.

Payments are calculated at a fixed rate 8% per annum. Your monthly payment amount is calculated at the time that you apply to CSF for the loan.

Yes. Monthly statements are available using TurnKey Lender. Also you can call our CSF representatives any time for information regarding your account.