British Expats

British Expats (https://britishexpats.com/forum/)
-   Canada (https://britishexpats.com/forum/canada-56/)
-   -   Student loan (https://britishexpats.com/forum/canada-56/student-loan-891460/)

beckiwoo Feb 12th 2017 6:11 am

Re: Student loan
 

Originally Posted by Novocastrian (Post 12178025)
Yes, I'm aware of that. £5K though.

Yes my mistake. £5k per year - 3 years for an undergraduate degree.

It's not as easy as you seem to think

scrubbedexpat091 Feb 12th 2017 6:29 am

Re: Student loan
 
That would be a plus.

Fastest way to bad credit in Canada are student loans.



Originally Posted by beckiwoo (Post 12178024)
It's not seen as a commercial debt like a car loan it doesn't go against your credit score and when you apply for mortgage they only take into account your monthly payments, not the full loan.


beckiwoo Feb 12th 2017 7:07 am

Re: Student loan
 

Originally Posted by Jsmth321 (Post 12178048)
That would be a plus.

Fastest way to bad credit in Canada are student loans.

Yes I've heard about student loans here and they count towards your credit score.

In hindsight, I wish I hadn't got a student loan but at 18 and thinking 'Easy money at low interest rate' but that's life.

I don't agree with not paying the loan at all and/or not making any attempt to pay it - you should at least be paying the minimum amount that they want

BEVS Feb 12th 2017 7:16 am

Re: Student loan
 
The OP is in New Zealand but has posted multiple duplicate threads throughout BE , therefore I am closing this one.
anyone wanting to add to the topic can find Angeshirl on the NZ forum.

Angeshirl. All the duplicate threads have now been closed except for the one in the NZ forum. I do hope you sort your prob out soon.


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