credit builder can help
No credit, new credit, previous bankruptcy or paid collections. Credit builder is designed to help build your credit score!
- Flexible Payments - you can take up to three years to pay with no penalty for early payoff
- Interest rate as low as 19.99%
- Automatic Withdrawal - makes it easy and ensures on time payments
We will report your “on time” payments to Equifax Canada every month (make sure to pay on time).
We will give you up to 3 years to pay but you can pay off early without a penalty (building a credit score takes time).
You will have greater variety on your credit report ( this is an installment loan).
things you can do to get a good credit score
- Use different types of credit (credit card, installment loan, etc.)
- ALWAYS make your payments on-time!
- Good credit is built over time
- Try to limit the frequency of credit applications
things we are doing to help you achieve your credit score goals
- If you want to ensure making your payments on time we will set up automatic withdrawal so your payments will never be late
- Make up to 36 monthly payments on time and build your credit score
- Apply only once and get a pre-approved amount you can use over and over again*
*Complete terms and conditions are located on the credit application