Managing Your Credit

We're Here to Help.

Credit can be a complex subject that can give rise to many questions. We have tried to answer the most common ones here - but if you still need to know more, please contact a credit specialist.

	Frequently asked questions about credit What is a line of credit - and why should you have one? What happens when you co-sign a loan, how can you reduce your debt load, what can you do if you're having trouble paying all your debts?
	How do interest rates work? Who sets interest rates - and how can you get the lowest rate on your credit?
	What is a credit rating? How do you establish a credit rating - and how can you maintain a good rating?
	Questions About the Approval Process What does the Bank consider - and how can you increase the likelihood of being approved?
	Frequently asked questions about car loans How can you get the most car for your money? Is there a car loan with the low monthly payments of a lease?

Other questions? Talk to an RBC Royal Bank credit specialist any time of the day or night.