Did you know that having no credit, bad credit or poor credit presents a significant barrier to accessing employment, housing, and quality, affordable financial products?
Excelerators’ Bright Future Program pairs Financial Coaching with credit‐building Secured Savings Loans and helps our clients to build a positive credit history while they are establishing savings.
A lack of positive credit history precludes many Canadians from accessing a more formal financial system, making them more susceptible to predatory lenders and preventing them from achieving their long‐term asset building goals.
Secured Savings Loans are specifically designed to help clients who have no credit history, or bad credit history to establish a good credit history.