WebUsing a Medical Student Line of Credit to max TFSA contributions. Hi all! First time poster here. I have recently been accepted into medical school, and with that I have opened up a student line of credit. The borrowing is quite "cheap" as far as LOCs go, only having to pay monthly interest payments (which is prime -0.25%, currently 2.2%). The ... WebThe interest rate for the Scotia RSP Catch-Up Line of Credit is Scotiabank Prime +1% if the RSP contribution is invested with a Scotiabank Group Member or any other Financial …
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WebStudent loans are interest-free until you graduate from medical school, while a student line of credit starts accumulating interest as soon as you withdraw funds. A student loan is issued by (and repaid to) the federal or provincial government. ... Under the Scotiabank Professional ® Student Plan Line of Credit 2, Scotiabank offers prime minus ... WebAs a medical resident, you may have a combination of government student loans and a student line of credit. For government student loans, you typically have at least six … WebBranch & ABM Locator Scotiabank Locate Branches & Advisors Get location information for Scotiabank branches and ABMs across Canada. ABA number: 026002532 Institution number: 002 SWIFT code: NOSCCATT Branch & ABM Locator Personal Business Home Financing Advisors 0 Scotiabank Investment Specialists 0 Scotia Wealth Management 0 … the y westfield ma