Over a million Canadians trust Borrowell for free credit monitoring and product recommendations including credit cards. Check out the best credit cards in 2020
With so many different types of credit cards in Canada – how do you choose the right one? It’s simple – we can help you discover the best credit cards for you! A credit card allows you to borrow money from a financial institution to buy things. As long as you pay the money back within the month, you won’t be charged additional fees.
If you don’t, you’ll have to pay interest. Interest is a percentage of the money you owe to the bank. Interest is added on top of what you’ve already borrowed. If you pay your credit card balance in full and on time each month – you won’t be charged interest. Credit cards, with responsible use, can be a great tool to access credit.
If you do carry a balance on your credit card, it’s best to look at a low-interest credit card or a debt consolidation loan to get you back on track. If you have a history of not paying bills on time and have trouble qualifying for credit cards, we can help you find a secured card to help you build back your credit.
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We do the hard work to analyze your credit profile and goals to make personalized credit card recommendations from 60+ cards.
Easily compare and apply for the card you like online in your Borrowell account.
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Here are a few of the trusted financial institutions that we partner with to provide our customers with the best credit card recommendations for their unique credit profile.
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Most people are familiar with credit cards but what you might not be familiar with is the difference between unsecured and secured cards. If you’re having trouble getting approved or are just starting out, a secured card might be a great choice. We’re here to explain the key differences so that you can make your best choice for your financial future. We’ll also share who should use each, which cards we recommend, and when you can move from a secured card to an unsecured card.
The Borrowell Team
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Borrowell® is a registered trademark of Borrowell Inc. All Rights Reserved. The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties to determine your credit profile. The score provided to you for educational use is the Equifax Risk Score.
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