We are posting a table with a brief description:
Financial Relief for Teachers/CUPE in SD 60
Institution
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Student Loans
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-arrangements can
immediately be made to defer payments for 45 days
- it is possible to apply
under a hardship program for other help
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Toyota
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- is offering payment deferment
for vehicles
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Bank
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Contact
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Mortgage
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Line-of-Credit
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Notes
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BMO
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250-785-0361 #1, # 3, #0
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- you may qualify for a
payment deferral (some conditions
include that you live in the house, and it is not a low-rate closed mortgage
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- may be available although
the conditions are stringent
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- make an appointment to
apply & to determine if you meet their criteria
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CIBC
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250-785-8101
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- if you meet certain
conditions you may qualify to pay only the interest portion
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- the local branch has more
control over granting
LOC and personal loans
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* * many people selected
payment protection with their credit cards – you can get Creditor Insurance
contact information from the branch
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North Peace Savings & Credit Union
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250-787-0361
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- Mortgage payments can be
deferred for 2 months
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- long-term contract
teachers (members and potential
members)may qualify for a LOC or other borrowing
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All of our decisions are
made locally. Come in and see us so
we can help you through this period of uncertainty.
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RBC
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250-787-0681 #0#1
Lynn (reception)
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- if you have held your
mortgage for 1 year , 1 month’s payment can be ‘skipped’ (will be added to
the end of the mortgage)
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- L-O-C is a possibility
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Scotiabank
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250-262-5150 (voice
activation)
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- call the branch to make
an appointment to defer payments & extend the life of your mortgage
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- call the branch to make
an appointment to explore possibilities
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TD
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250-262-5000 #3
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call the branch to make an
appointment to defer payments & extend the life of your mortgage –
maximum of 1 payment if you pay
monthly or 2 payments if you pay bi-weekly
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- call the branch to make
an appointment to explore possibilities for financial relief
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