BUILD YOUR
CREDIT SCORE
Use a Credit Builder Loan to establish good credit and reach your financial goals.
What's a Credit Builder Loan?
Refresh Financial - A Borrowell Company
Improve your credit for as little as $43* per month
Build credit as you save for a future purchase
No credit check required
Not a cash loan
What Does it Cost?
We offer four different options.
$21.37
bi-weekly
for 36 months
Total payment amount
$1,667
Get back in savings
$1,250
Annual Percentage Rate
19.99%
$42.74
bi-weekly
for 36 months
Total payment amount
$3,333
Get back in savings
$2,500
Annual Percentage Rate
19.99%
$60.97
bi-weekly
for 60 months
Total payment amount
$7,926
Get back in savings
$5,000
Annual Percentage Rate
19.99%
$121.94
bi-weekly
for 60 months
Total payment amount
$15,852
Get back in savings
$10,000
Annual Percentage Rate
19.99%
How Does IT work?
How Does IT work?
Make bi-weekly paymentsEach payment is deposited into a secured account to build payment history.
- Build your credit score
Your payments are reported to Equifax & TransUnion, helping you build credit history.
- Grow your savings
Set money aside in this account for a future purchase as you build credit. You can access your savings (minus fees and interest) or cancel at any point.
No credit history required - guaranteed approval.
- New to Canada? Build your credit history from scratch.
- Recovering from bankruptcy? Rebuild your credit to get a fresh start.
- This product can help you improve your credit score over time.
Why Use Refresh Financial?
Trusted by 100,000+ Canadians since 2013
Nadira Paul
Excellent! Exceeded my expectations, great customer service, no hidden rules, helped me in a huge way. My score went up by 60-80 points in 24 months. Definitely recommend 10++.
Darren Murray
They have helped me get my credit score from 350 and now I am in the 600s almost ready to get a mortgage. Refresh was a huge part of that!
Gabriel Wilson
Refresh Financial offered to help build my credit. The loan program I believe did help by adding on to my credit lines. They were friendly from start to finish and lived up to what they said. Thank you Refresh Financial for helping me improve my credit score. My wife and I now have our first mortgage.
Nadira Paul
Excellent! Exceeded my expectations, great customer service, no hidden rules, helped me in a huge way. My score went up by 60-80 points in 24 months. Definitely recommend 10++.
Darren Murray
They have helped me get my credit score from 350 and now I am in the 600s almost ready to get a mortgage. Refresh was a huge part of that!
Gabriel Wilson
Refresh Financial offered to help build my credit. The loan program I believe did help by adding on to my credit lines. They were friendly from start to finish and lived up to what they said. Thank you Refresh Financial for helping me improve my credit score. My wife and I now have our first mortgage.
Ready to
Build Your Credit?
Get started with a Credit Builder Loan today from Refresh Financial, powered by Borrowell.
Make your financial dreams a reality.
Build your credit now
This card is owned and issued by Digital Commerce Bank pursuant to license by Visa International. Use of the card is governed by the agreement under which it is issued. The Visa Brand is a registered trademark of Visa International. All credit and approvals are provided by Refresh Card Solutions Inc. Digital Commerce Bank provides no credit or loans. All funding and lending for this program is provided by Refresh Card Solutions Inc.