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Thread: Loan Question

  1. #1
    nmd2b is offline Junior Member
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    Loan Question

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    hi guys,

    what other sources besides can help/teri are out there for canadian students for loan? I got denied for teri and don't know what other options to explore? Preferably would like to take a loan from a place that offers a decent interest rate and repayment begins only after residency years. Any knowlegde on this? Please help

    Thanks
    The greatest use of life is to spend it for something that will outlast it.
    ~William James

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    CrazyDuck is offline Junior Member
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    Teri Loans

    Did they tell you why you were declined. I am looking into the Teri loan myself and somewhere in the documentation it states that you can appeal decisions.

    Any guidance from your part?

    On another note I know that the Bank of Montreal and the Bank of Nova Scotia have these lines of credit for those accepted into law or medicine as such. You may need a co-signer but I believe they give you prime + 0.5%

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    Loan Question

    Quote Originally Posted by nmd2b
    hi guys,

    what other sources besides can help/teri are out there for canadian students for loan? I got denied for teri and don't know what other options to explore? Preferably would like to take a loan from a place that offers a decent interest rate and repayment begins only after residency years. Any knowlegde on this? Please help

    Thanks
    Have you tried OSAP or CSL?? They don't give you a lot but at least it's interest free till you graduate!

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    Desidoc is offline Member
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    Loan Question

    Dear nmd,

    I too applied for Teri and Canhelp and was denied. Did you ask where you were denied?

    With me, they were not too impressed by my or my co-signer's credit history. I too was wondering if there are other loan programs out there, even if they have high interest rate, whether they provide loans?

    Thanks

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