Credit rebuilding
Rebuild your credit, one payment at a time
A bad credit score is not a life sentence: it is a temporary situation that the right method corrects. For more than 25 years we have helped our clients turn their files around, and a well-structured car loan is often the most effective tool for getting there.
Our program
How we turn your file around
A full review of your file
Your advisor goes through your credit report (Equifax and TransUnion), identifies what is weighing your score down and establishes your real starting point.
A rebuilding plan built for you
Budget, repayment priorities, choosing the right credit product: you leave with a concrete plan, matched to your income and your obligations.
A car loan structured to rebuild
The vehicle and the financing are chosen to serve your goal: a comfortable payment, a reasonable term, and every instalment reported to the credit bureaus.
Follow-up through to refinancing
After 12 to 24 months of solid payments, we reassess your file: a lower rate, refinancing, or a vehicle trade on favourable terms.
Why a car loan?
The car loan: the fastest rebuilding tool
Your credit score improves when the bureaus see regular payments on instalment credit, a loan with fixed payments, which behaves differently from a credit card. A car loan checks every box:
- Every payment is reportedto Equifax and TransUnion, month after month;
- It diversifies your filea factor that counts for roughly 10% of your score;
- It is secured by the vehiclewhich keeps approval within reach even with a difficult file;
- It answers a real needyou need a vehicle to get to work, so it may as well work for you too.
After 12 to 24 months of payments with no late instalments, most of our clients see their score climb far enough to refinance at a significantly lower rate.
We rebuild your credit, one payment at a time
A well-managed car loan is one of the fastest tools to bring your credit score back up. Every on-time payment is reported to the credit bureaus, month after month.
Every instalment is reported to Equifax and TransUnion.
- Payments adjusted to your real budget
- Refinancing at a better rate possible after 12 to 24 months
The principle
A diagram of the principle, not a projection: your journey depends on your whole file.