Refresh Financial's Credit Building Program - Start building today!

While building credit, I want:

(feel free to pick a few)

Two of the safest ways to build your credit score are:

Our recommendation

Credit Builder Loan

Our recommendation

Secured Credit Card

Credit Builder Loan


Secured Credit Card

What is it?

A loan that you repay before gettּing access to the funds. No funds are provided upfront. Instead, funds are placed into a secured account to be accessed later. Your payments are reported to the credit bureaus, impacting your credit score.Just like a regular credit card except that approval is guaranteed as you secure the card with some of your own funds. Your monthly payments are reported to the credit bureaus, impacting your credit score.

Interest rate

5.95% - 7.95%
(APR 9.47% - 20.07%†)

Helps me save money?

No cash upfront?

A 'set it and forget it’ solution for building credit?

Approval with no credit check?

Can be approved without a co-signer?

Access to financial education**

Build credit on daily purchases?

Paid Referral Program***

*Assuming chosen payment frequency is Monthly.

**Refresh f.i.t is part of the paid Black Tier experience of the Refresh self-serve dashboard. With Refresh f.i.t, you can get access to online courses that teach you about money management.

***$100 for every person that signs up for a Credit Builder 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 - Across Canada (excluding Saskatchewan and Quebec) Refresh Financial offers secured savings loans, provided by Refresh Capital Corp. of $1,600 (36 months at 7.95%), $2,900 (36 months at 7.95%), $6,500 (60 months at 6.95%), $10,000 (60 months at 5.95%), and $25,000 (60 months at 5.95%). In Quebec, loans are offered at $1,600 (60 months at 23.50%), $3,000(60 months at 23.50%), $6,000 (60 months at 23.50%), $12,000 (60 months at 23.50%), and $30,000 (60 months at 23.50%). The APR (excluding Quebec) ranges from 9.47% - 20.07% depends on the size of the loan chosen and includes a loan set-up fee of $250-$2,000, deducted from the loan proceeds.

Why should I care about building credit?

Your credit score is a reflection of how responsible you are as a borrower. Do you pay back money when you say you’re going to pay it back? Lenders look at your credit score when deciding if they should loan you money. Unfortunately, for many people, building credit isn’t something that is given much thought until they need to borrow money.

There’s nothing worse than being declined for a loan, whether a cash loan, vehicle loan, mortgage etc, or being offered only the highest interest rates. That’s when building credit becomes important. That’s when people start asking “how can I build my credit score?”. Rather than leaving it until you really need the approval, start thinking about the best ways to build credit today as this can save you a lot of money in interest payments down the road. Building credit may seem like a dauting prospect – but it’s not – you just need the right tools and support along the way.

Refresh Financial’s products are two of the best ways to build credit safely – without going into debt. Apply today, and get a head-start on your credit building journey.

Build credit, not debt

Credit Builder Loan

Credit Builder Loan

  • • No money required upfront
  • • Lowest interest rate
  • • Set it and forget it

Secured Credit Card

Secured Credit Card

  • • Guaranteed approval
  • • No credit check
  • • Low annual fee

What Canadians are saying about Refresh

I would like to thank Refresh Financial for helping me get out of a bad spot. I never thought it was possible and almost gave up on things and then I saw Refresh Financial and and gave it a try. At first I was unsure of things but to see my credit score now makes me a believer in this program.

– Aaron A

“It hasn’t even been a year yet, possibly only 6-7 months, and my TransUnion score has gone up over 100 points. That was only the tip of the iceberg as recently I was able to get a consolidation loan from my bank that allowed me to move forward and make things easier for me. Talk about second chances!”

– Angelica M

“I am now in a position where I am able to obtain credit (just bought a brand-new car and refinanced my mortgage for a fantastic rate) and it took little to no time at all. I would 100% recommend Refresh to anyone looking to rebuild credit with as little hassle as possible.”

– Cathy M

“I had not heard of a company doing such a thing before someone suggested it to me and it made sense. I am not very good at saving money and Refresh Financial helped me. I have dealt with them for years now and never had a problem. The customer service is excellent and fast.”

– Chris C

Refresh helped me regain credit following a nasty divorce, which left me with a very poor rating. They were able to remarkably help me go from a 480 to a 600 score, in just over a year. Thank you Refresh!”

– Deb K

I have watched my credit score jump since being with Refresh and I have already recommended it to friends and family. Thank you for helping me build my credit faster for my future and my children’s future :)”

– Heather T

At first I was skeptical because I wasn’t getting funds upfront and had to make payments when I really needed the money. I’ve been in the program a year now and have noticed my credit has improved drastically!”

– Irene L

I have been a client of Refresh Financial for approximately 3 years. Since being a client they have improved my credit immensely. Definitely recommend this company to anybody that needs help re-establishing credit.”

– Jason I

“I recommend this program to anyone having credit issues. At the end of the agreement, your money is refunded to you. There were times I found myself short on cash and Refresh, with permission, used a portion of my money to clear up my arrears.”

– Margaret L

“I would like to thank Refresh Financial for their professionalism, great customer service and for helping get back to a better financial situation. I have always been treated with the utmost respect.”

– Martine B

Refresh Financial is an amazing program to help people get back on their feet. I was rock bottom with nowhere to turn. My credit was beyond poor. I would recommend them to anyone. If I can do it surely anyone else can.”

– Matthew S

“Great company to deal with for rebuilding credit, very simple process to get started. Good service if you ever have questions.”

– Mike L

This business truly cares about its clients. The customer service is always quick to return calls or emails. Their online portal functions very well so as a customer you are always updated as you progress with your loan.

– Phil J

“Refresh Financial has made us more aware of how to take care of our financial situation and be more responsible, and making payments on time is rewarding in the end for credit. Thank You sincerely.”

– Rocky M.

“Refresh financial is great!!! They boosted my credit score, helped me save money and helped my husband and I buy our house;) I was not only a number to them, they stayed in touch and helped me out along the way. Answered all my questions and concerns.”

– Sara B

“Refresh Financial had been exceptionally good to me! I’ve just been out on medical leave and they have accommodated me with my payments without hesitation!! I was in a really bad spot with my credit and they have helped me to try and correct it!! Bravo!”

– Shannon B

This company has been nothing but fantastic. They have gone above and beyond to help me. This program has given me the relief and peace of mind I need. I would certainly go back to them and give them names of people who could use this.”

– Shirley K

The financial services products are excellent for new immigrants, low-income earners and small business owners. Loans, savings and credit building all in one solution is a perfect fit to help with financial goals and stability.”

– Soraya H

“After successfully going through a credit rebuilding loan, I was able to use my built-up equity to purchase a newer vehicle and I have since been approved through a financial institution for a loan.”

– Tanya W

“I made some poor credit choices when I turned 18 and have always had this lingering thought of how am I ever going to better my score. Since being with Refresh I have realized that I took the right step towards bettering my future.”

– Taylor B

I’m so excited I’ve joined refresh! I’ve already seen a huge increase on my credit after the first month! The staff are a delight and make this so easy to understand. I strongly recommend Refresh Financial even if you have good credit this will give you a boost and you’re saving money with the reverse loan!”

– Wayne B