- Credit Cards for Bad-Credit - Low-Interest
Looking for a great credit card that you can easily get approved for - even if you're in a bad credit situation here in Canada? We're very happy to inform you that you CAN get a credit card here at Dominion Lending - even if you have a really low credit score, or no credit at all. Even if you've just finished bankruptcy - or even if you're currently in consumer proposal - our secured Visa credit card line will still be an option for you! We're proud to offer this line of Secured Visas created by our friends at Home Trust - because they don't discriminate against Canadians for having bad credit!
This great for bad credit "Low-Rate" secured Visa works JUST like a regular Visa Credit Card - it can allow you to establish or reestablish credit - it's a credit card that WILL show up on your credit bureau - unlike wanna-be-credit-cards like those 'pre-paid/debit/gift-card' options out there - this Secured Visa is a "real" credit card! And it works for shopping and paying bills - online and offline - just like regular Canadian Visas!
Now that you know how easy our secured Visas by Home Trust are to get approved for, and to use, we can tell you about how you can get a really low interest-rate for your new Visa: as low as 14.9%! If you decide to choose our "Low-Rate Secured Visa Credit Card" - it will automatically come with this low rate - which is actually one of the lowest interest-rates for easy approval credit cards in Canada. A lower interest-rate of 14.9% will help you save money on interest payments - especially if you plan on carrying larger balances on your new Home Trust Credit Card from time to time.
The alternative choice is our No-Fee Home Trust Secured Visa - which is also easy to get approved for even with bad credit - and comes with a more standard Canadian credit card rate of 19.99% - but no annual fees. That "No-Fee" option is good for Canadians who don't usually carry a balance on their credit cards: so the higher rate won't affect them because they'll rarely be charged any interest payments (Tip: as long as you pay your balance down to zero before your credit card's monthly bill due-date - you could avoid interest payments all together!). But you can learn about that No-Fee Home Trust Secured Visa on another page of our Dominion Lending website! Now back to our Low-Rate secured Visa...
As you know, any "secured" Visa requires a deposit - a cash deposit - it doesn't matter what bank or credit card company you go to in Canada - any credit card labeled as a "secured" credit card will need this. Here at Dominion Lending Centres we offer one of Canada's lowest cash deposit requirements for 'easy-approval' Home Trust secured Visas: only $500 - which IS refundable if you ever give up your paid-up Visa! You can also make a higher cash deposit in order to have a higher credit-limit for bigger bills/purchases - all the way up to $10,000. If you've just been bit by a bad credit situation - it's okay to stick with the minimum $500 cash deposit to start with - a lot of Canadians do that - and just add to it later!
Apply online for our great Low-Rate Secured Visa for Bad Credit - right here on our Dominion Lending website today!