Consilidating debt

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Canadians can now choose from a host of different types of credit cards to help them establish, re-establish or repair their credit histories and credit scores.

Whether you’re looking for an unsecured, guaranteed approval, or secured credit card, there’s an option that’s best for you.

You can put down as little as 0, or as much as ,000, depending on the card.

If you decide to cancel your secured card, you can just pay off your outstanding balance, and you’ll get your security deposit back.

Why It’s a Winner: The People’s Trust secured credit card offers a low interest rate of 12.99% on balances, two percentage lower than the next best secured credit card.

What also makes this card unique among it’s peers, is that you can create a security deposit as low as 0 to as high as ,000.

It comes with an interest rate of 29.99% for homeowners and 34.99% for non-homeowners, comparable to a store credit card, and much lower than a pay day loan.

But remember, you shouldn’t be carrying a balance anyways.

An unsecured credit card for bad credit is a card designed for those with impaired credit.While we work to reposition a number of existingand new products, we have decided to stop accepting new applications for the Peoples Trust Secured Card product effective July 31st, 2017.Even though this is a secured credit card, some people still may carry a balance from time to time, and if you do, a low interest option is critical to keeping down your borrowing costs.The idea here is for you to use good credit habits and pay down your credit card bill every month, not just the minimum payment, on time – use automatic payments if you can’t trust yourself.Pay down your balance every month and the interest rate is irrelevant.

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