Rebuild Your Credit Online and Across Canada
Saving money requires a good credit rating!
Having a low credit rating will unfortunately affect your loans by impacting your interest rates. Northstar Brokers can help you restore your credit rating simply and effectively.
WHY CHOOSE US?
You won’t have any unpleasant surprises. There are no upfront fees and no hidden costs.
WHAT IS A SECURED CREDIT CARD?
A secured credit card works very similarly to a traditional debit card. You deposit money to it as collateral, and you can then use the deposited amount. For example, if you decide to deposit $100 to the card, you will have a credit limit of $100. The balance on your card will therefore be $100.
WHY USE A SECURED CREDIT CARD?
If you can’t get a credit card due to bad credit, for example, a secured card is an effective solution to improve your credit history.
WHY IS RESTORING YOUR CREDIT RATING IMPORTANT?
When you borrow money from a financial institution, your credit rating will positively or negatively affect the interest rate and fees associated with the personal loan.
A high credit rating will give you a better chance of benefiting from a low interest rate on your loan, while a low credit rating will drastically increase the interest rate.
When you meet your deadlines by paying off the requested amount of a loan, you improve your credit history. As a result, you will increase your chances of benefiting from a low interest rate.
Some important information about APR
APR is the “Annual Percentage Rate” for short-term payday loan applications. It does not correspond to the interest rate but is based on the duration and amount of the loan. Low interest rates will be granted on larger amounts and with longer repayment periods. If you would like to know more about APR, please contact us!