Secure Credit Card

IF YOU HAVE BAD CREDIT - DO NOT APPLY, BORROW, OR EVEN THINK OF OBTAINING A LOAN UNTIL YOU READ THIS PAGE

You are about to get BEST Canadian credit-rebuilding strategies absolutely FREE!

If you have no credit, poor credit , very bad credit or recent bankruptcy, it is imperative that you first re-establish a good credit rating and change your credit profile before you even think of applying for a loan or a mortgage.

You'll be saving time and money, avoiding mistakes and disastrous situations, and learning secrets other people only wish they knew. Here are a few things you'll learn that will point you in the right direction while restoring your credit the fastest way possible, even if you have just recently been discharged from bankruptcy !

THE SECRETS TO "A1" CREDIT RATING

It is estimated that over 65% of all credit reports have some type of misleading, inaccurate or negative information. You can save a lot of time and frustration by learning the secrets to a great credit rating. Here's a small sample of the things you must do for repairing and/or maintaining your credit report:

Check your credit report at least once a year and have any inaccurate information removed

• Your credit reporting agency will correct only ONE item at a time and all correspondence with credit bureaus MUST be done by registered mail

• Limit the number of inquiries on your credit report. With each inquiry you will lower your credit score thus, preventing you from obtaining the loan you need. Be especially careful if shopping for a car!

• Use a mortgage broker when applying for a loan or mortgage to eliminate the number of inquiries on your credit file.

• Maintain your employment and residence status for at least TWO years.

• Do Not carry your credit card balances near, at or over the credit limit - such activity will lower your credit score

• Pay your minimum payments on time and in full as required by your monthly statement. Credit reports will show how many times you have been 30, 60, or 90 days late.

THE FASTEST WAY TO RE-ESTABLISH YOUR CREDIT

Building a good credit history is important. If you have no reported credit history, it may take time to establish your first account. This problem affects young people just beginning careers as well as older people who have never used credit. It also affects divorced or widowed spouses who shared credit accounts that were reported only in the other spouses name.

The fastest way to establish or re-establish your credit is with a Secured Credit Card. Small private loans or, loans for used cars from your local used car dealer are not going to help you much, because these types of loans are NOT reported to the credit bureaus. All credit cards, whether they are regular bank cards, department store cards, secured or unsecured are reported to your credit bureau and all activities are updated monthly.

Currently, most Canadian banks fall behind when it comes to providing help to establish or re-establish credit. Some offer a secured credit card that requires up to 3x the amount of deposit. This means that if you need $500.00 credit limit you would have to deposit as much as $1,500.00, but that's NOT the case here!

Let's take a look at some of the other benefits of the RIGHT Secured credit card:

• Accepted at over 595,000 Canadian locations and over 23 million around the world

• Cash advances available at over 718,000 ATMs

• Your security deposit account earns one of the highest savings rates available

• The amount of your security deposit is equal to your credit limit

• Rent your favorite movies, make purchases over the phone or the internet and most of all start establishing your credit.

The above is just a small sample of the benefits you will enjoy when you apply for a Secured Credit Card. This product is designed for Canadians who are either trying to establish a credit history or rehabilitate their credit.

FREQUENTLY ASKED QUESTIONS

HOW MUCH IS THE SECURITY DEPOSIT? - A security deposit at a time of application on which the company pays you a GIC rate of interest (currently at 2% per year) is required in order to obtain the Secured credit card. This deposit can be as little as $1,000, to a maximum of $10,000. You will then receive a Secured credit card with a credit limit equal to the security deposit.

FOR HOW LONG DO YOU KEEP THE SECURITY DEPOSIT? - Your security deposit is held for as long as you require the Secured credit card. If , after a period of say six months or maybe one year you are able to obtain a regular credit card and no longer require our Secured Card, simply EMAIL US and all of your deposit will be returned with the interest.

IS THERE A MONTHLY FEE? - There is a monthly fee of $6.00 and the interest is at 19.50% per annum, but keep in mind that your initial deposit is earning currently 2%. There is a one time setup fee of $39.00, which will be billed on the first statement.

CAN I USE THE CARD TO GET CASH ADVANCES? Yes you can obtain an advance from your card for up to 100% of your credit limit.

CAN I QUALIFY? - Almost everyone (except Quebec residents) will qualify, however if you have an unpaid judgment, you will be required to use the third party funds (a friends or someone in your family can put up the deposit on your behalf).

BANKRUPTCIES? - No problem - as long as you are discharged.

WHAT IF I HAVE OUTSTANDING COLLECTIONS, JUDGMENTS ? - Use third party funds and your application will be approved!

CREDIT RESOURCE LIST

Equifax Canada - If you need a FREE CREDIT REPORT you will need to contact the credit reporting agencies. Equifax Canada is one of three credit reporting agencies you need to contact to obtain a Free Credit report. There are others, but most lenders use Equifax so it only make sense that you ask them for a copy of your credit report. You can phone them toll free 1-800-465-7166 or mail then at Equifax Canada P.O. Box 190, Station Jean-Talon, Montreal, PQ H1S 2Z2

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