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Scotia LOC with conditions


alibp

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alibp
  • Law Student

I was approved this summer for a professional student LOC with Scotia bank for the full 135k. One of the conditions was that i close my line of credit that I had with another bank with the option of using the money form the first year of the Scotia LOC instalment, which I accepted to do.

Does anyone know if reopening the LOC for a smaller amount at the other bank t would have any consequences with my Scotia one; Could they revoke it? 

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This is an automated message. This post appears to be requesting legal advice, which is not permitted on these forums. Please see this post:

 

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