Like a loan. But backwards.
We do things differently.
Boost your credit
Every payment you make gets reported to the credit bureaus, giving you that all important positive payment history.
Build your savings
By the end of your program, you'll have a stash of cash to use however you like*.
Get financial wisdom
Become financially savvy through our financial intelligence training and Dime Turner™ blog.
Say goodbye to no
Hearing no when it comes to your finances will become a thing of the past with good credit, financial fitness, and savings up your sleeve.
Why Refresh
There is only one way to build good credit - by borrowing responsibly and making your payments on time. The main difference with Refresh is that you are actually saving money. With Refresh, you are getting:
The original
With over 50,000 credit builders,
you know you're in good hands.
Free financial education
Through your free financial intelligence training,
you can learn the secrets of the financial experts and get ahead for good.
White glove service
We're dedicated to your success.
Our team will answer any questions about
your credit to help you reach your goals.
Tailored to you
Everyone is different.
Our variety of programs are designed to
fit your budget, lifestyle and goals.
How can you get bad credit?
Too many financial commitments
Not responsible with money
Forgetting to pay bills
Co-signing for someone's loan
Approvals - Approvals are subject to Refresh Financial's review and underwriting guidelines which requires minimum monthly income, ID & banking verification.
Refresh Financial Inc. and its loan products are not affiliated with any credit reporting bureau or entity in Canada.
Credit Impact - Refresh Financial offers short term secured savings loans and is not a credit repair service. A Refresh loan may help improve your credit score by building a credit history provided your payments are made in full and on time. While having a loan and honoring its obligations can help build credit, potential creditors may see too many loans as an increased risk, and failure to meet repayment obligations will result in a negative report to the credit bureaus, which would reduce your credit score. Please borrow responsibly.
Financial Implications - Refresh Financial offers secured savings loans, provided by Refresh Capital Corp., of $1,200, $2,300, $3,200 and $5,500 with terms of 36 and 60 months, respectively. The APR ranges from 23.84% - 37.40% depending on the size of the loan chosen, and includes a loan setup fee of $200 - $400 deducted from the loan proceeds.
I’ve done pay day loans in the past but didn’t know a whole lot about credit until recently. So I checked into my credit score. I was very disappointed to find that I had a 0 credit score as I have never had or needed any credit cards or lines of credit. I knew I wanted to buy the house I live in so I knew work was needed, but I never thought it would be as easy as purchasing REFRESH!!! I bought it in June of this year, waited or 2 months and was approved for my first credit card. I was so excited. It gets better!!! Then I waited 5 months, and would you believe it. Only 5 months after purchasing refresh my credit score was strong enough to finally get approved for my first brand new car with no down payment, low biweekly payments, no cosigner, and no car trade in. My bank also tells me if everything stays good I will own my home within a year. After years of thinking there was no hope I am only months away from owning my home. THANKS REFRESH!!!! Please share this story with everyone you can! ”
Emily, Truro, NS
