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Best Credit Cards to Rebuild your Credit in Canada

Rebuilding your credit in Canada can be quite difficult, but it may not be as difficult as you think. One of the most underappreciated ways to rebuild your credit is with credit cards. Credit cards can heavily damage your credit card by having a higher balance that stays that way for a long period of time. Each month when your statement is reported to the credit bureaus, this can slowly chip away at your credit score. That being said though, if you use a credit card properly, it can be very powerful. The type of card you get, how you use it and the credit card balance you leave on it all can be huge factors in deciding your credit rating. If you have bad credit and are having a difficult time getting a credit card, not to worry, there are two different types of credit cards just for this reason: secured credit cards and unsecured credit cards.

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