My bank keeps trying to sell me an RRSP loan. I have sufficient funds for my max RRSP contribution (not yet in that account,) but I was wondering if I should take it to add to my credit record for credit score purposes. If so, how long should I hold it? The loan I would take would be between 2-5k and I believe the interest rate is 6% compounded monthly.
I'm 26, so the only "opportunities" I've had to take debt is:
-student loan, paid off two weeks before graduation (no interest paid);
-credit card for the last 8 years, always paid in full;
-line of credit I got last year, never used;
Credit score 750 (6 months ago anyway)