THX Posted October 1, 2007 Report Share Posted October 1, 2007 I was wondering if it is possible to get a Canadian loan in US dollars? US schools are more affordable now than before, but only if the canadian dollar remains high. If the canadian dollar drops and the loan is in canadian dollars, we're screwed. But if the loan is in american dollars, changes in the canadian currency won't change our tuition bill. Any thoughts? Link to comment Share on other sites More sharing options...
Jochi1543 Posted October 1, 2007 Report Share Posted October 1, 2007 Depends on how your loan is organized...you could see if your bank would allow you to convert it into US dollars and deposit it into another account. Link to comment Share on other sites More sharing options...
KennethToronto Posted October 1, 2007 Report Share Posted October 1, 2007 I don't see the point...because if you get a loan now, you're paying money on it. Might as well get as little money as possible...will save you more in the long run then any currency fluctuations ever will Link to comment Share on other sites More sharing options...
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