Know that you have options for managing your credit and loan repayments if your financial situation changes.
There may come a time when you are having difficulty or anticipate struggling with making any upcoming loan payments. If that should happen, we encourage you to contact your Relationship Manager or Credit Specialist as soon as possible.
Speaking to us will not affect your credit file, but missed or late payments may make it harder for you to borrow in the future.
These are some of the potential options we offer, but their availability and suitability depend on the specific circumstances of each borrower and their loans.
Contacting us as soon as possible will allow us to better understand your unique situation, discuss your options and provide appropriate support.
Several organisations offer free, confidential and independent advice on borrowing and debt that you can access online or by phone. They may be able to provide support and help you navigate any financial challenges.
The capital value of investments, and any income from them, may go down as well as up and you may not get back the full amount invested.
Your home may be repossessed if you do not keep up repayments on your mortgage.
RBC1823
Speak with an RBC Wealth Management relationship manager to help you stay on track.
Manage your cash flow needs with strategic financing and access flexible liquidity solutions using credit, so you have funds available when required.
Choose how your investment portfolio is managed, based on a customised strategy that reflects your risk tolerance and personal goals.
A personalised plan can help make it easier for you to manage your wealth, so you can focus on what’s important to you and your loved ones.