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Immigration & Citizenship
Immigration & Citizenship
Credit and Debt
How can I get a credit card with no Canadian credit history?
You have different options, for example you can apply for a secured credit card, a joint card, or a retail credit card. Most banks in Canada will not give you a credit card, if you do not have any Canadian credit history.
My bills are bigger than my income and I can't seem to pay off my debts. Could I get help?
You can get help managing debt from a credit counselling service at private businesses and not-for-profit agencies.
What do I need to know about secured credit cards?
A secured card may be a good option, if you can't get a regular credit card. Research the card and company carefully before making a decision.
How do I repay my travel loan if I am a refugee or protected person?
This article describes how you can pay back your transportation or admissibility loan from Immigration, Refugees and Citizenship Canada (IRCC) if you are a refugee or protected person.
What do I need to know about my credit history and score?
Your credit report (or credit score) is essentially your financial "reputation", which indicates how you have handled your financial obligations in the past, including credit card payments, loan repayments or sponsorship obligations.
What information is included in my credit history? What information should not be included?
Your credit report has information about your past and present personal and financial situation.
What affects my credit score?
Credit-reporting agencies look at many factors and use a mathematical formula to figure out your credit score.
What should I know about collection agencies?
If you owe money, you may be contacted by a collection agency. Collection agencies work on behalf of your creditors in order to recover debts. There are laws that regulate their actions and how often they can contact you.
What should I know about payday loans?
Payday loans are short-term loans with high interest rates. These loans can be expensive and difficult to pay back; it is important to think carefully about whether they are your best option.
How can I check my credit history and score?
There are many ways to order your credit report, such as by mail, phone, in person or online.
What should I know about credit card fraud?
Credit card fraud is when someone uses your credit card information to make purchases that you don't know about. In cases of identity theft, people may apply for new credit cards in your name without your knowledge.