Loan for Protected Person

[sky9600]

Hello there,

I'm wondering if a protected person can get a loan for personal support (Not OSAP or educational support).

Thanks.

 

[Copingwithlife]

Hello there,

I'm wondering if a protected person can get a loan for personal support (Not OSAP or educational support).

Thanks.

Like a bank loan ?

That’s up to the lender

 

[sky9600]

Like a bank loan ?

That’s up to the lender

Yes, like a bank loan or line of credit.

 

[ref19to22]

Yes, like a bank loan or line of credit.

As mentioned here, it is the decision of the lender if they will give you the loan.
I believe your temporary SIN (as a protected person) will be one of the many factors that are considered by the lender.
I would suggest talking to the bank/credit union that you already have a relationship with to see what your options are.
good luck!