Credit Cards for Bad Credit & Building Credit in Canada

New to Canada or new to credit in Canada? Post-bankruptcy or any bad credit issue? This video is about building credit credit cards, affably named, category 1 credit cards, the credit builders.

We touch on what is a bad credit score and how to mitigate that to move up the credit ladder, as well as how these credit cards work.

We discuss guaranteed credit cards, minimum requirements would get you a credit card to start the journey. We also discussed secured deposits that would give the issuers the peace of mind for them to get your payments. You could then go a head and use the credit building credit card, get your payments recorded and credit ascending.

We cover the Refresh Visa, Hometrust Visa and Capital One Mastercard, all guaranteed credit cards, mostly with secured funds.

For more education and information related to this video please visit the following linked videos:

Credit Card Categories & Hierarchy https://youtu.be/ieFLbAlWcQQ