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When you’re trying to re-establish your credit rating there is a few credit card companies in Canada that will allow you to get a pre paid or secured credit card. If you are a first timer to credit or rebuilding your credit this is a must do!
Auto Source Finance is a Company that not only helps you obtain a Credit Card, they also help you establish credit through a Car Loan. Auto Source Financial is a Canadian owned and operated company in British Columbia.
On secret you probably never knew about credit cards is how they affect your beacon score at the credit bureau? Yes just getting a credit car helps but did you know if when using your new card you take the credit card over 2/3 of its approved value your can actually damage your beacon score! The secret most people don’t know is never take you card over 2/3rds of it limit and always pay it on time if not early.
Example: Luk Lee from Korea with no credit at all he had only been in Canada 6 weeks! Credit Source Financial arranged for him to acquire a Secured Credit Card with a $ 500.00 limit. He followed Auto Source’s guide lines on using the card and in 5 months his credit score was 760 from a “0”. Then after only 5 months Auto Source arranged a $35,000 New Car Loan for Mr Lee at 2.9% financing through a Major Canadian Banking Institution.
Auto Source can teach you how to obtain your new pre-paid or secured credit cars and get you driving a New Car all within Days. Auto Source Financials credit analysts have years of experience working with all types of credit in Canada,
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