DCX Posted June 29, 2012 Report Share Posted June 29, 2012 Will I be able to apply for additional LOC amounts during residency? Also, would I need a co-borrower if I choose to do a program in US or Europe? Thanks!! Link to comment Share on other sites More sharing options...
rmorelan Posted July 2, 2012 Report Share Posted July 2, 2012 Will I be able to apply for additional LOC amounts during residency? Also, would I need a co-borrower if I choose to do a program in US or Europe? Thanks!! I know of some banks that automatically have that built into their systems - scotia for instance as 15K more on top of the LOC that you can borrow each year in residency up to a max of 75K. RBC I think goes to 250K max in total(?) if I recall. I guess that isn't much overall but you are earning money as a resident though somewhere. Link to comment Share on other sites More sharing options...
DCX Posted July 5, 2012 Author Report Share Posted July 5, 2012 Thanks! 10 char Link to comment Share on other sites More sharing options...
justletmein Posted July 6, 2012 Report Share Posted July 6, 2012 you shouldn't have to borrow much during residency... learn to budget properly Link to comment Share on other sites More sharing options...
rmorelan Posted July 6, 2012 Report Share Posted July 6, 2012 you shouldn't have to borrow much during residency... learn to budget properly yeah I would agree in general Some people still seem to look towards their future income and say they can afford to balance spending a less in a few years for more currently. I can see their logic - personally I don't think I could do it though. Link to comment Share on other sites More sharing options...
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