Advice for applying for a LOC
My current RBC Student Loc (prime +1%) is going to expire in a couple of months. I do banking with RBC, and Simplii, I have credit cards with RBC & Scotia, and my mortgage is through Coast Capital Credit Union.
My question is without getting hard credit checks from each of these places, where am I likely to get the best rate on an unsecured LOC of $10k?
I have about 750 credit and $90k per year income and no unsecured debt currently.
I know I could probably apply for a HELOC if I wanted to, but I’m not sure the extra set up fees and hassle are worth it since I only usually borrow for short periods. And I’ve found Coast Capital a big pain to deal with in the past (mostly due to mistakes made and unknowledgable reps).
Thoughts?
My question is without getting hard credit checks from each of these places, where am I likely to get the best rate on an unsecured LOC of $10k?
I have about 750 credit and $90k per year income and no unsecured debt currently.
I know I could probably apply for a HELOC if I wanted to, but I’m not sure the extra set up fees and hassle are worth it since I only usually borrow for short periods. And I’ve found Coast Capital a big pain to deal with in the past (mostly due to mistakes made and unknowledgable reps).
Thoughts?