We my be able to help with a Home Trust Equityline Visa
Benefits to of the Home Trust Equity Line Visa.
With the Equityline Visa you are able to use the equity in your home to secure a credit limit of up to $250,000. You only use what you need within your credit limit. The credit can be used for a variety of things including but not limited to consolidating higher-interest debt, making home improvements, helping with business start-up or operating costs, or even for managing unexpected or everyday purchases. Monthly payments are as low as 0.75%, 1%, 1.25% or 1.5% of your outstanding balance or $10, whichever is greater, and you are able to make additional payments at any time without paying a penalty.
The convenience of only having to apply once and knowing it is there to be used when you need it. You may access your credit by writing a convenience cheque, using any ATM with a Visa logo, or using your Visa card. Visa is accepted in approximately 600,000 locations across Canada, in more than 150 countries with access to more than 950,000 Automated Teller Machines worldwide.
Since the Home Trust ELV reports to the credit bureaus, it will also be vital to re-establishing your credit, if that is a goal you are trying to reach.