subject: Managing Your Credit [print this page] Keeping a clean credit history should be important to you, especially if you are planning on applying for a new car loan or a mortgage in the future. Building a solid credit foundation is of great value. Many Canadians have had their credit soured by the recession, some even declaring bankruptcy. If you are one of the millions who have bad credit and would like to establish it again but have been refused credit from standard financial institutions, a private lender can help. By getting a loan, not only can you use the money for anything you like, you rebuild your credit at the same time.
