Refresh Financial Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
Each product is priced separately. Compare them below.
Four questions checked against Refresh Financial's published criteria, per product. No application started.
2 reviews from borrowers who used Refresh Financial. Reviews are moderated; lenders cannot remove them.
Since signing up with Refresh I have improved my credit score. I was able to sign up for a new credit card and have gotten my finances back on track. Thank you Refresh!
Claudia I want to thank you You very professional You help me to understood the process You have patience with you You had gave me the best customer service ever I appreciate alot Because of you I change my mind about your company You are the best. You doing amazing Job God bless Wington
Refresh Financial aims to help people improve their credit scores through multiple credit-building programs.
Refresh Financial has helped over 100,000 Canadians build a better credit score. Its programs are designed to help you rebuild your credit score. Refresh Financial is also a member of the Canadian Lenders Association, has been in business since 2013 and funded over 100 million dollars worth of loans.
Refresh Financial offers two credit-building programs, including a Credit Builder Loan and a Secured Visa Card. A Credit Builder Loan isn't a typical loan but a credit-building program. You do not receive funds up front; instead, your payments are deposited into a secure account, which can be withdrawn at the end of the loan term. Refresh Financial reports these repayments (or contributions) to the credit bureaus, which in turn, helps in building your credit score.
Refresh Financial's secured credit card involves an upfront deposit of $200. You can boost your credit limit up to $10,000 by increasing your security deposit. Refresh Financial reports your repayments to credit bureaus, which helps you improve your credit score.
The Credit Builder Loan comes with different loan amounts, including $1,250, $2,500, $5,000, $10,000, and $25,000. However, you must note that you don't receive these funds up front; instead, you work towards saving this amount and withdraw it at the end of the loan term. Their savings loan (improve credit) ranges from $1,250 to $25,00 and their secure credit card ranges from $200 to $10,000.
The interest rate for Refresh Financial's Credit Builder Loan is set at 19.99%. Its Secured Visa Card comes with an interest rate of 17.99%, along with an annual fee of $12.95 and maintenance fees of $3 per month.
The term length on the savings loan from Refresh Financial ranges from 36 to 60 months.
