Check out our answers to frequently asked questions about bad credit and our No-Fee secured Visa credit cards here at Dominion Lending Centres! Click the question-link you're interested in below - and you'll shoot down to it's answer on this same page:
Here at Dominion Lending Centres, we actually offer Canadians 2 great credit card options for bad credit situations! Our Home Trust Secured Visa Credit Card line of credit cards includes both a Low-Rate Secured Visa and a No-Fee Secured Visa - both are considered 'easy approval' credit cards for people who have encountered bad credit situations in Canada (P.S. bad-credit can happen to anyone!).
Even if you're in a bad credit situation - YES you can still apply and probably get approved for our Home Trust No-Fee secured Visa credit cards! That's why we're proud to offer Home Trust secured Visas here at Dominion Lending Centres: they don't discriminate against Canadians who have found themselves in a bad credit dilemma - your credit score can be badder than bad and you could still get a Home Trust secured Visa with us here at Dominion Lending!
Great News: YES even if you JUST got out of bankruptcy - you can still get approval for a No-Fee secured Visa by Home Trust - through us here at Dominion Lending! We don't hold your past bankruptcy against you - it can happen and has happened to a lot of Canadians lately, so don't ever feel bad about it. As long as the judgments have come off your credit bureau after your bankruptcy is done - then yes, feel free to apply for our Home Trust No-Fee secured Visas! (Note: sometimes there is a waiting time for judgments to come off your bureau or the creditors just don't get around to taking them off fast enough - so contact your financial advisor or trustee if they're still showing up on your bureau)
Great News: YES even if you're STILL in consumer proposal - you CAN get approval for our easy approval secured Visa credit cards by Home Trust - here at Dominion Lending Centres! We don't hold your consumer proposal against you, we don't hold your bad credit against you - we're happy to be able to offer Canadians like you the opportunity to have a credit card that works (like regular credit cards - it builds your credit, and works at all the same stores regular/unsecured Visas do) even when you've happened upon bad credit/consumer proposal situations!
Thankfully, our cash deposit for our Home Trust secured Visa credit cards - including our No-Fee secured Visa option - is very low: only $500 - which IS refundable if you ever cancel your Home Trust Visa (as long as it's paid-up in full of course). Most banks and credit card companies that offer "secured Visas" require a larger cash deposit OR their credit-cards are not as "easy approval" as ours are here at Dominion Lending. With us, you can have bad credit, just be finished bankruptcy, or be in consumer proposal - and still get a secured Home Trust Visa credit card!
It's easy to get a Home Trust No-Fee Secured Visa Credit Card with us here at Dominion Lending Centres: simply fill out our online Canadian credit card application: No-Fee Home Trust Secured Visa Application - it's that simple: you don't have to meet anyone in person!