Hello! I'm new in this forum and the reason I joined here is because I am looking for enlightenment to some of my questions. One particular question that I have is will outstanding credit card debts and loans affect my chances of getting approved for a Canadian visa? I applied through Express Entry under the Federal Skilled Workers class and one of the required documents that I need to present is proof of means of financial support which is inclusive of all bank accounts and a list of all debts and loans.
I have already completed the required funds but I have ongoing credit card balances and loans. Some of these are on an installment basis and I have never missed or been late on a payment. But right now, as much as I want to pay all the remaining balances before leaving the country (Philippines), I cannot due to financial restraints. Will this have a negative impact if I leave the country without completing all of my payments?
Sorry for the long post. I really need some answers. Thank you in advance!
I have already completed the required funds but I have ongoing credit card balances and loans. Some of these are on an installment basis and I have never missed or been late on a payment. But right now, as much as I want to pay all the remaining balances before leaving the country (Philippines), I cannot due to financial restraints. Will this have a negative impact if I leave the country without completing all of my payments?
Sorry for the long post. I really need some answers. Thank you in advance!