NeuroD Posted July 7, 2016 Report Share Posted July 7, 2016 Hey guys, McMaster and U of T just released summary sheets of the offers by the big banks. I thought others would find them useful. I would have loved to have these when I was shopping around (although I'm happy with my choice). Enjoy, and let me know which offer you prefer/chose. https://www.scribd.com/document/317668524/U-of-T-Medical-School-Professional-LOC-Offers https://www.scribd.com/document/317668543/Financial-Information Link to comment Share on other sites More sharing options...
R<Py Posted July 7, 2016 Report Share Posted July 7, 2016 Files not found? Link to comment Share on other sites More sharing options...
NeuroD Posted July 7, 2016 Author Report Share Posted July 7, 2016 Files not found? Thanks. Tried a different site. Looks like its working now. Link to comment Share on other sites More sharing options...
loodogg Posted July 10, 2016 Report Share Posted July 10, 2016 They're all basically the same Link to comment Share on other sites More sharing options...
NeuroD Posted July 10, 2016 Author Report Share Posted July 10, 2016 They're all basically the same There are 3 main differences: -Cash up front vs spread over 3 years (should not matter because you shouldn't spend it all right away anyways) -Credit card perks (over the life time of the loan, might make a minor difference depending on your spending habits) -Being with a rep who knows about med loans. This is the BIGGEST and most important difference. If you're in hamilton and looking for a great rep, Josh at Scotia Bank was amazing. Msg me for details. Link to comment Share on other sites More sharing options...
JohnGrisham Posted July 10, 2016 Report Share Posted July 10, 2016 Even then, having a good rep isn't vital. Once the account is set up you'll rarely ever see them again. Majority of interactions are online and on the apps. Minority of people with more complex banking needs may need to see the rep however on occasion. Link to comment Share on other sites More sharing options...
rmorelan Posted July 10, 2016 Report Share Posted July 10, 2016 Even then, having a good rep isn't vital. Once the account is set up you'll rarely ever see them again. Majority of interactions are online and on the apps. Minority of people with more complex banking needs may need to see the rep however on occasion. except for later on - the reps I have worked with were very helpful in setting up mortgages, and for others they also are the ones that help set up your practise. Link to comment Share on other sites More sharing options...
thestar10 Posted July 10, 2016 Report Share Posted July 10, 2016 CIBC allegedly ran a promotion offering Prime minus 1/4 last year but I'm not sure if it is still happening. I"m happy with my current bank but may jump ship if i can get that offer again... Link to comment Share on other sites More sharing options...
Bambi Posted July 10, 2016 Report Share Posted July 10, 2016 I beg to differ about a comment above earlier today that having a good rep isn't vital. On the contrary, I find it to be essential. I am with RBC and had a great rep for years. She was so great, gave excellent service always and dealt with toruble shooting on the rare occasions this was necessary that ultimately, she was promoted. The result was that her replacement was a dufus, he gave no service whatsoever, could not be reached and he never responded when needed. As I was otherwise happy with RBC and had already changed banks once, I opted to find a better rep at another branch and was successful. This new rep of mine sorted out all the outstanding issues within 48 hours and also, within the same time frame, confirmed my LOC limit was raised to the maximum. Link to comment Share on other sites More sharing options...
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