Proof of Funds

[soldiers7]

Hi,

I have a loan taken which is directly debited from my salary account every month, and a credit card as well which is directly debited. They have requested for 6 months bank statement & if any loan taken. Do i have to mentioned the loan and credit card? Any idea if i will face any issues while applying?

 

[karthik2479]

Hi,

I have a loan taken which is directly debited from my salary account every month, and a credit card as well which is directly debited. They have requested for 6 months bank statement & if any loan taken. Do i have to mentioned the loan and credit card? Any idea if i will face any issues while applying?

Yes you should mention about it - in fact if this is the account from which you are showing settlement funds, the bank should indicate the loan and credit card on the letter per CIC requirements. I don't think there will be any issues - they just want to make sure there are enough assets to support yourself in Canada.