Read answers to frequently asked questions about our "Low-Rate secured Visa credit cards by Home Trust! Simply choose the link below for the question that you want to know the answer to, and you'll travel down this same page to view what we have to say:
Yes, here at Dominion Lending Centres we offer a great Low-Rate Secured Visa credit card: that allows you to obtain a Visa Credit Card even in the midst of bad credit woes - hey, so many people have been there so don't beat yourself up about it! Here at Dominion Lending, we made sure to offer a "secured Visa" that are considered "easy approval" which means: even if you're just out of bankruptcy, or are still in consumer proposal, or are simply in a bad credit situation: You can still apply for our Low-Rate Secured Visa Credit Cards! Our Home Trust secured Visa credit cards are some of the best secured credit cards available in Canada: and we're proud to have Home Trust as a lender here at Dominion Lending Centres!
Yes, actually our Low-Rate Home Trust secured Visa is ONLY available to Canadians! If you're not a resident in Canada then you can't actually get a Home Trust secured Visa from Dominion Lending! But residents of Quebec are unfortunately not able to get a Home Trust secured Visa credit card at this point in time: but anyone residing in any other Canadian province IS able to apply for our Low-Rate Home Trust secured Visa credit card!
Note: All of our 'regular/unsecured' Visa Credit Cards by "Dominion Lending Centres" ARE for sure available to ALL Canadians - it's just these "Secured Visas" that are not available to residents of Quebec.
Currently the best and lowest possible interest-rate available for our Home Trust secured Visas is 14.9% - a fantastic low Canadian credit card interest-rate! This is much lower than the standard Canadian credit card rates for even regular Visa Credit Cards let alone secured Visa credit cards, so we're proud to be able to offer you this great Home Trust Visa rate here at Dominion Lending Centres!
Yes, there is actually an annual credit card fee you'll have to pay when you choose our "Low-Rate secured Visa" by Home Trust Company here at Dominion Lending. But not to worry, it's quite low. You can either pay a yearly fee of $59 - or break it down into smaller monthly credit card payments which add up to a mere $5 a month! Home Trust charges this yearly/monthy credit card fee because they're offering such a low credit card interest rate. 14.9% is a GREAT Canadian rate - and allows you to save money on interest payments if you plan on carrying a balance on your new Home Trust secured Visa from time to time. Otherwise your interest-rate for your new Home Trust Visa would be 19.99% - and that higher interest-rate would make your interest payments higher. So in the end, having a lower interest-rate of 14.9% from this Low-Rate Secured Visa, could easily make up for the cost of it's annual-fee.
Yes, you bet - it's totally possible to save money when you have a lower rate for your new Home Trust Visa Credit Card! Just like regular Visa Credit Cards, secured Visa credit cards charge you interest on the amount you use on your credit card when you decide to 'carry a balance' on that Visa card. So say you carried an average annual balance on your new Home Trust Visa of $2,000: if you have a lower interest-rate of 14.9% - your interest payments on that balance will be around $298 that year. But if you go with the higher interest-rate of 19.99% (the rate for our No-Fee secured Visa card option) you'll pay around $400 - over $100 more in interest payments!
It's super easy to apply for our Low-Rate secured Visa credit card by Home Trust Company! You can apply right here online, on this Dominion Lending Centres website: just hit the following credit card application link: Low-Rate Secured Visa Credit Card by Home Trust Application