RRSP season is coming in to its final week (deadline is March 1st), and you don 't have any cash. What do you do?
You can apply for an RRSP loan. RRSP loans are normally low interest rates based on Prime rate (which is really LOW right now) with the condition the loan be repaid with in a year. The other condition is that you have to invest your RRSP at the same place you get the loan from.
An RRSP loan is a good way to boost your RRSP contribution and get you on the right savings track. Call me today at 519-271-4883- the March 1st deadline is fast approaching!
You can apply for an RRSP loan. RRSP loans are normally low interest rates based on Prime rate (which is really LOW right now) with the condition the loan be repaid with in a year. The other condition is that you have to invest your RRSP at the same place you get the loan from.
An RRSP loan is a good way to boost your RRSP contribution and get you on the right savings track. Call me today at 519-271-4883- the March 1st deadline is fast approaching!
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