Hello,
Can someone please shed some light on my questions regarding POF:
1. I have my checking and savings a/c with DCU in USA and within my online a/c there is an option to get the deposit/immigration letter. The format has all the details - name, bank name/address etc but regarding the funds it has the following fields/columns:
Acct No.|| Type ||Balance Available || Avg Balance (6 Mo.) || Maturity Date || Open Date
Now it doesn't have the avg balance for each month over the last 6 months like Avg Balance Month 1, Avg Balance Month 2 ...... and so on..
Therefore, is the info given in the current letter enough or I need to request for more detailed letter ?
2. My savings are from my salary plus the POF a/c is my salary a/c and also the bank where I have my auto loan from. While printing the POF letter online, I have an option as to which a/c's I want to include in the letter and which I don't. So do I need to include my auto loan ? Or should I exclude it ? My only concern is that CIC shouldn't consider my assets - loans kind of thing ? Ideally car loan is a secured loan at the end of the day not like a credit card debt but I am confused.
Please advise !!
Thanks in advance.
Can someone please shed some light on my questions regarding POF:
1. I have my checking and savings a/c with DCU in USA and within my online a/c there is an option to get the deposit/immigration letter. The format has all the details - name, bank name/address etc but regarding the funds it has the following fields/columns:
Acct No.|| Type ||Balance Available || Avg Balance (6 Mo.) || Maturity Date || Open Date
Now it doesn't have the avg balance for each month over the last 6 months like Avg Balance Month 1, Avg Balance Month 2 ...... and so on..
Therefore, is the info given in the current letter enough or I need to request for more detailed letter ?
2. My savings are from my salary plus the POF a/c is my salary a/c and also the bank where I have my auto loan from. While printing the POF letter online, I have an option as to which a/c's I want to include in the letter and which I don't. So do I need to include my auto loan ? Or should I exclude it ? My only concern is that CIC shouldn't consider my assets - loans kind of thing ? Ideally car loan is a secured loan at the end of the day not like a credit card debt but I am confused.
Please advise !!
Thanks in advance.