Guest JewelLeigh Posted June 24, 2005 Report Share Posted June 24, 2005 Has anyone managed to secure their LOC for an interest rate of prime - 1? Just wondering if I should haggle... Thanks Link to comment Share on other sites More sharing options...
Guest UWOMED2005 Posted June 25, 2005 Report Share Posted June 25, 2005 I haven't heard of it, but I have heard of Banks advertising "Prime -1" because it was THEIR BANK'S PRIME minus the 1, rather than Bank of Canada -1, and their BANK'S PRIME was actually Bank of Canada + 1! Moral - you might not get prime -1, but make sure you don't get Bank of Canada Prime + 1 either! Link to comment Share on other sites More sharing options...
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