and noted that the big banks have been offering “unusually good” bonus rates on temporary savings account promotions.
Most banks and credit unions allow you to search for branches based on the languages they can help you in, or receive multilingual customer support You can use cash, a cheque, money order, or your debit, credit or prepaid card to make the transfer, but according to the FCAC there may be additional fees depending on which method you use. Sending funds with your credit card can be considered a cash advance, which makes the transaction more expensive because interest is charged immediately on cash advances and the rates are usually higher than the interest on a normal credit card purchase.
Mr. Omololu said many newcomers who’ve arrived from countries with much different credit systems are concerned that just accessing credit products can negatively affect their credit history. In Canada, he said, using these products and regularly making payments on them is what helps to build your score.
Your status in the country plays a role in how much you’ll need to contribute for a down payment. Permanent residents can put as little as 5 per cent down, as long as you meet your lender’s employment and credit requirements. If you’re an international student or have a work permit you’ll need to make at least a 10 per cent down payment. Buyers who put down a down payment of between 5 per cent and 19 per cent must be insured by the Canada Mortgage and Housing Corp.
Look into the 'Brampton Mortgage'. Wink, wink.
Don’t forget the free cell phones and 1 year lodgings…
Personal loans for the minivans