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Heard of CanHelp?

Discussion in 'Pre-Dental' started by dentalfairy, Apr 24, 2007.

  1. dentalfairy

    Joined:
    Mar 19, 2007
    Messages:
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    Status:
    Dental Student
    Hi
    Has anyone heard of CanHelp private Loan program for med/dent students? How was your experience & do you recommend it? I've heard that their interest rate is good (prime + .5%) as suppose to most banks which are prime + 1% but the catch is that their "Initial Fee" is very high. Here is their website: http://www.internationalstudentloan.com/canadian_student/graduate/index.html

    I appreciate any help,
    dentalfairy
     
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  3. uoftgrad

    Joined:
    Sep 23, 2006
    Messages:
    9
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    Status:
    Pre-Dental
    CanHelp is good because you can borrow large amounts and defer repayment till you graduate. However, they compound their interest quarterly! I went for the bank loan/ line of credit from BMO. Whatever I can't cover with that, will borrow from CanHelp.
     
  4. ItsGavinC

    Dentist Moderator Emeritus 15+ Year Member

    Joined:
    Oct 7, 2001
    Messages:
    11,750
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    Status:
    Dentist
    To the OP: try the SDN Financial Aid forum. There are aid specialists there, and you'll probably meet many more students who can give you the feedback you are wanting.
     

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