Margin loan
A margin loan offers you "write your own loan" convenience with flexible repayment options.
An Edward Jones margin loan is one of the easiest and most convenient ways to get the funds you need now while staying invested for tomorrow.
With a margin loan from Edward Jones, you can use the investments you own as collateral. This enables you to borrow up to 50% of the value of your eligible investments immediately and get the flexible repayment options and complete confidentiality you deserve.
Benefits include:
- "Write your own loan" convenience – You literally write a cheque to draw from your credit line.
- Flexibility – You have the flexibility to control how you repay your loan. There is no fixed payment schedule.
- Simple process – Check your Edward Jones statement, access your statement online or contact your Edward Jones financial advisor to see how much you can borrow.
- Interest – You're only charged interest on the amount that you borrow, and the rate, which is tied to the prime rate, is often lower than that of many credit cards and consumer loans.
How we can help
To determine if a margin loan is right for you, contact your Edward Jones financial advisor.
Important information:
Borrowing against securities has its risks and is not appropriate for everyone. If the value of your collateral declines, you may be required to deposit cash or additional securities or the securities in your account may be sold to meet the margin call. Interest will begin to accrue from the date of the loan and will be charged to the account from that point. Available only on certain types of accounts. Loans are subject to approval and eligibility.