All your questions are answered about a Canadian secured credit card offered by Secured Visa. Find out why a Canadian secured credit card from Secured Visa is your best option.

[ canadian secured credit card - ENTER HERE! ]

July 11, 2001

By Mariam Durrani

Website: http://www.1st-free-credit-cards.com

> Questions answered about a Canadian secured credit card from secured Visa

If you want to improve your credit history you’ll need to affect your credit report, and only a credit card can do that, whether it’s secured or not. A fast solution to establishing or re-establishing your credit is the Canadian secured credit card from Secured Visa. Most banks offer a Canadian secured credit card that requires up to 3x the amount of the deposit! If you don’t have an unpaid judgment, collection or R9 in the past 5 months you can qualify for the Canadian secured credit card from Secured Visa.

With a Canadian secured credit card, the amount of deposit you pay ($500-5000) will be the amount of your credit limit. You pay it at the time of application and the company will initially pay you a GIC rate of interest (currently 5%/yr.). There’s a monthly fee of $6, the interest is at 19.50% per annum and there’s a one-time broker service fee of $50. You can get 30% of your credit limit in cash advance if needed.

To apply, search on the Net for ‘canadian secured credit card, security visa’ and you’ll be able to access a on-line application that for security purposes should be printed and mailed. Probably, after 6 months or so, you’ll have affected your credit report for the positive and will want to get a regular Visa, if you phone Visa, your deposit with interest will be returned.

For more information on canadian secured credit card - click here!

> About The Author:

Mariam Durrani is a successful author and the publisher of http://www.1st-free-credit-cards.com. A resource for the credit card industry featuring information on free Visa, Mastercard, student, and secure credit cards.

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[ canadian secured credit card - ENTER HERE! ]

All your questions are answered about a Canadian secured credit card offered by Secured Visa. Find out why a Canadian secured credit card from Secured Visa is your best option.