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calgaryblood · 08-19-2015, 05:45 PM

Hi guys, I am wondering if anyone here has experience in line of credits and which banks offer the best rates?

My credit rating is currently in the 720's so fairly good I think. I got a rate of prime plus 5% so 7.7% unsecured and this is the first time ever getting a loan or anything like that so I am not sure if that's good or not.

I got a better rate for a loan at 6.7% but not really sure which one is better in the long run.

Can anyone offer any good advice? Would be deeply appreciated.

08-19-2015, 05:45 PM	#1
calgaryblood Lifetime Suspension Join Date: Jul 2015 Location: Hmmmmmmm Exp:	Line of credit advice? Hi guys, I am wondering if anyone here has experience in line of credits and which banks offer the best rates? My credit rating is currently in the 720's so fairly good I think. I got a rate of prime plus 5% so 7.7% unsecured and this is the first time ever getting a loan or anything like that so I am not sure if that's good or not. I got a better rate for a loan at 6.7% but not really sure which one is better in the long run. Can anyone offer any good advice? Would be deeply appreciated.