A secured card works like any other credit card, with one big difference: Your credit limit will be determined by the amount of money you put into a deposit account to guarantee the credit line.
Yes – our EP Financial mobile app can be found in both the Apple App and Google Play stores.
A secured credit card is often recommended for anyone who has trouble getting a traditional credit card due to an unestablished credit history or a damaged credit score. A secured credit card functions very much like an unsecured credit card; the major difference is that you’re required to make a deposit against the card’s credit limit in order to access funds through the card. Your credit limit will be the same as your deposit amount.
EP Financial is a Canadian-based Fintech founded on the belief that everyone deserves access to credit, instant payments and the opportunity for homeownership. Our team of financial service experts is dedicating ours lives to helping everyday people become their best financial self.
The application and approval turnaround times are fast, but their completion depends on the response time of clients to apply a security deposit to establish the account.
In order to ensure EP Financial is compliant with Canadian financial regulations, we are required to know our clients and validate their identity.
You don’t need an established credit history to get an EP Financial Secured Credit Card. If you do not have any credit, a secured card is the perfect start for you. Not only will you learn how credit works and how to use it responsibly, you’ll also build your credit history by using it and making payments on time.
We currently offer a home facilitation product through our EP Homes program called “Bridge to Own™” and a health and wellness financing product called EP Care. We also have several other products in development to assist our expanding client base.
You can email us at [email protected], or simply call us at 1-888-825-9808 to speak to one of our client support agents.
No, EP Financial is a Fintech that operates through a proudly Canadian call center.