Credit at RBC

April 25th, 2012 by Questions

2 years are past since I paid my consumer proposal and RBC has told me, more than once, that my credit shall NEVER be good at RBC unless I pay the 7K remaining from the original amount owed. Is that lawful?

Posted from: Quebec


One Response to “Credit at RBC”

, A licensed trustee said:

Legal? RBC is under no obligation to ever accept you as a customer again. I interpret what they are saying is that they will not accept you as a customer unless you repay the debt in full. They cannot compell you to repay the debt, but if for some reaosn you want to go back to them then I see no reaosn why they can’t set certain conditions (like repaying your old debt).

Be careful, if you do decide to repay RBC that doesn’t mean they will take you as a custovmer again. If it were me, I’d just keep banking someplace else – RBC is not the only bank in Canada…

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)