银行主动pre-approval credit line account

[tigeryu2004]

银行主动pre-approval credit line account , 只需签个字就行，看看好像没什么坏处，等钱急用的时候或许能帮点忙，不花credit line account 的钱，则不需要付什么利息之类的，觉得挺好。但银行干啥服务这么周到？应该要吗

 

[dkwan]

even you don't use this line of credit (LoC), it will affect your debt service ratio.
If you have recent mortgage renewal, or other important credit purchase, please ask for more detail before sign on the dotted line.

 

[Walle]

Be careful the hidden charge

如果是以房屋抵押的, 会有一个房屋估价费.

 

[tigeryu2004]

明白了，没有免费的午餐，到处是陷阱

收到银行寄来的LOC的contract，要求我签字然后寄回去生效，我不签字也不寄回去，应该没问题吧？看来在加拿大只要需要签字的时候，一定要小心

 

[Edgee]

2.5% of your line of credit limit or balance outstanding (whichever is higher) counts into your TDS & you will only notice it as you apply for your next loan / mortgage

NO FREE LUNCH BE AWARE

 

[Edgee]

如果你用了这LOC，没还或忘了还月供，银行会没收你做抵押的房子。

不一定, 要看你有没有用你房子的equity 来 secure; if it went delinquent, or balances in arrears, bank will send it to collections & it will destroy your credit reports = \