Quote:
Originally Posted by BradM
Stuart: My Canadian Credit is absolutely destroyed. At 17. Yes before I could legally get a loan. My parents leased a car for me and I lost a job so the bank put on MY SIN that I was a shitty person to lend money to. Since then I haven't been able to get even a cell phone.
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Brad,
Have you thought about working with your bank?
I had some credit issues from my early 20s. I simply took out a personal loan from my bank, then 5 months later got a really good rate on a Credit Card. If you have been with your bank for a while, it usually goes a long ways.
Also, things like revolving store accounts and cell phones are usually tougher to get if your credit is low. If you can get your hands on a CC, the problem will be solved pretty quickly.
However, I do warn you to really look at what you are doing if you go the secured way. I would definitely try to get that through your bank before you use an outside source. Many of those CC companies cater to bad credit people and they have numerous tricks up there sleeves when it comes to keeping your credit in the gutter, if you know what I mean.
Just go in and ask your bank what you can do. Be honest with them. They probably can fix you up.
Good Luck,