Question about Line Of Credit


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dp_jain   
Member since: Jan 04
Posts: 418
Location: Brampton

Post ID: #PID Posted on: 24-06-07 08:41:13

Some lenders have been offering the investment loan at prime.

hI rainwalkin, you may get LOC or personal loan. Contact with your banker. Beside, stable job and stable income there are certain other factors which play important role in getting LOC/Loan.


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yanksingh   
Member since: Jun 04
Posts: 355
Location: Ottawa, On.

Post ID: #PID Posted on: 25-06-07 10:59:42

LOC not only depends on stable job or income but also depends on your credit history, your income/expenses ratio and some other things. i think it also depends on bank you are dealing with. i was pre-approved for LOC by my bank when i was not even employed. but having LOC is really gud thing (i guess).


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