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The Fresh Start Loan Program is to help people establish credit or reestablish their credit rating. The program will lend to members and put their loan proceeds into a redeemable term deposit which will secure the loan.
You can borrow $2,000 up to $5,000. The interest rate is fixed at 14.99%* and the maximum term length is two years.
Here are some tips that will help you improve your overall credit score.
Credit Cards & Loans
The bill payment tips above also apply to credit cards and loans. Plus...
For more information visit the Government of Canada website.
Source of tips: "Improving Your Credit Score." Government of Canada, 13 May 2020.