What happens to your line of credit when you become a non-resident?

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Serendipity
Posts: 7
Joined: Thu Mar 03, 2016 12:52 pm

What happens to your line of credit when you become a non-resident?

Post by Serendipity »

What happens with my credit ratings and line of credit if I tell my Canadian banks that my primary address is in Europe and that I am becoming a non-resident? ... And, if they're inclined to lower or eliminate your line of credit, what will they do with money already owed on a line of credit or credit card? My main bank is Scotia. ... Thanks in advance for your input!
nelsona
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Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: What happens to your line of credit when you become a non-resident?

Post by nelsona »

That would be a question for your bank, but you dan certainly keep your libe of credit and credit card as a nonresident. You are expected to continue paying iff any debt per your agreements
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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