Building Credit

Credit ratings are generally not transferred between countries. You must approach a bank or financial institution in Canada in order to rebuild your credit.

You can do this with a secured credit card. You make regular payments on the credit card to earn a good credit rating. To learn more about secured credit cards visit:

• Visa Prepaid Cards

• Mastercard Prepaid Cards

• Pre Paid Card Guide

Follow the link to learn about how to manage your money.

If your current bank operates in Canada, ask if you can open a Canadian account. You might be able to transfer your credit history with it.

To learn how you can gain credit visit settlement.org or Credit Welcome Centre.

Canadian Bankers Association will help you learn how to build and maintain good credit in Canada.