(778) 668-9320 scott.dawson@verico.ca

A good credit score is required to obtain “A” lenders best mortgage rates.

But what about if you are wanting to rebuild your credit? In the past one of the only options was a secure credit card from a financial institution. Typically secured credit cards come with a high interest rate and because they are secured they require the borrower to come up with the cash “upfront” before you can receive your credit card. Something that many people trying to re-establish their credit may have a hard time doing.

That’s where Lendit Financial comes in.

Lendit Financial created their GIC Investment Loans to help people rebuild their credit as easily as possible. No matter why you have bad credit, Lendit’s loans are custom-designed to help you strengthen your credit history, invest your loan in a secure GIC, jumpstart your savings, and even earn you interest on your investment.

They specialize in lending to people with poor credit, and offer products that don’t take advantage of their customers.

Here’s how it works:

  • Your Lendit loan is automatically invested into a GIC (Guaranteed Investment Certificate) in your name
  • Your investment is insured by the CDIC, so you know your money is safe.
  • Your repayment history is reported to credit bureaus and helps build your credit rating.
  • Only 12.99% interest, much lower than secure credit cards
  • Three loan options to fit your budget: $2,300, $3,200 or $5,500.
  • Access cash during the term of your loan based on the equity you’ve built up in your GIC.
  • Get full access to your GIC plus interest at the end of the loan term.
  • Lendit GIC Loans are available even if you haven’t been discharged from bankruptcy or are still making payments under a consumer proposal.
  • Applying for a Lendit GIC Investment Loan is simple and approvals can be obtained within 48 hours.

    For more information about Lendit Financial please contact Scott Dawson by any of the methods below:

    Phone: (778) 668-9320
    Email: scott.dawson@verico.ca