Quote:
|
Originally Posted by WiredGuy
But a house is not a secured loan. I have a high credit card limit on the company account but I have paid it in full every month for 4 years and I gave up the equivalent maximum in the form of a GIC to secure it. I just find it odd that the bank wants to know my financials on a regular basis.
WG
|
did you sign over the GIC to them ? or is just held at the bank ?
I would tell them to whistle, tell them to go on your track record for the past 4 yrs.You can always switch over to another bank which will gladly take over your existing credit card balance. You are Not asking for a business loan so they have no right to any of the info
