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LOC Questions


squirrel

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squirrel
  • Law Student

Hello!

Does anyone know if having a considerable amount of OSAP debt (~35k) factors into getting a LOC?

I’ve been making monthly payments since I recently graduated, and I try to fully pay off my credit cards each month, but I’m still worried about how my debt will affect things…

As an additional question, when should I be contacting banks to get quotes? I’ve provisionally accepted my offer, so should I wait until that becomes firm in April? Or do most people go around June/July?

Thank you in advance!!

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3 minutes ago, squirrel said:

Hello!

Does anyone know if having a considerable amount of OSAP debt (~35k) factors into getting a LOC?

I’ve been making monthly payments since I recently graduated, and I try to fully pay off my credit cards each month, but I’m still worried about how my debt will affect things…

As an additional question, when should I be contacting banks to get quotes? I’ve provisionally accepted my offer, so should I wait until that becomes firm in April? Or do most people go around June/July?

Thank you in advance!!

As an additional question, when should I be contacting banks to get quotes? I’ve provisionally accepted my offer, so should I wait until that becomes firm in April? Or do most people go around June/July? - 

You can go as soon as next week and ask them about OSAP debt (~35k).  

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squirrel
  • Law Student
On 1/8/2022 at 6:10 PM, luckycharm said:

You can go as soon as next week and ask them about OSAP debt (~35k).  

Oh great - thank you!!

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