Better credit-building power than other payment methods
All subscription payments are reported to the credit bureaus
Increase your credit score up to 150 points!
Better credit-building power than other payment methods
All subscription payments are reported to the credit bureaus
Increase your credit score up to 150 points!
How it works:
How it works:
What does it cost and what do I get?
COST OF BOOST
Financed amount:
$239.88
Interest rate:
0%
Term:
12 months
Total financed
amount before tax:
$239.88
Monthly payment
amount:
$19.99*
Processing fee:
$3.25
Total monthly cost:
$23.24 (+ tax)
APR
30.01%
*Monthly payments vary based on pay frequency
YOU GET
Access to MyMarble Premium
for 12 months
A trade item on your credit
report to help your credit score
What does it cost and what do I get?
Financed amount:
$239.88
Interest rate:
0%
Term:
12 months
Total financed
amount before tax:
$239.88
Monthly payment
amount:
$19.99
Processing fee:
$3.25
Total monthly cost:
$23.24 (+ tax)
APR
30.01%
YOU GET
Access to MyMarble Premium
for 12 months
A trade item on your credit
report to help your credit score
Poor credit can cost you. Boost can help you save thousands. Fast.
Read how our Boost loan has helped Canadians
Read how our Boost loan has helped Canadians
Boost vs. The Secured Future Credit Plan
Boost Financing | The Secured Future Credit Plan | |
---|---|---|
Monthly cost | Premium subscription of: $19.99 *Monthly payments vary based on pay frequency | $82.01 or $116.19 |
Interest rate | 0% | 13.99% |
Fees | $5 monthly processing fee | $400 administration fee |
Product type | Subscription financing | GIC loan |
Term | 12 months | 36 months |
Reports as | Installment loan | Installment loan |
Reports to | Equifax and TransUnion | TransUnion |
Availability | All provinces and territories other than Quebec, Nunavut and the Northwest Territories |
Alberta, British Columbia, Ontario |
Access to MyMarble Premium | Included | Not included |
Receive at end of term | $0 | $2,000 or $3,000 |
Cash loan | No | No |
Can cancel early | Yes | Yes |
Frequently Asked Questions
What is credit improvement?
A budget-friendly way to positively impact your credit score with MyMarble. Simply log in to your MyMarble Dashboard and scroll to Recommendations > Boost Loan > Learn More.
How does it work?
If you’re ready to begin improving your credit score, start by signing up to MyMarble Premium and then choose our Boost Loan option for $19.99 per month (+tax and an additional $3.25 monthly processing fee). We’ll report your monthly payments to both TransUnion & Equifax to increase your credit score in as little as 3 to 6 months. Every positive payment you make to the Boost Loan will improve your credit score, so make sure you’ve got the subscription fee in your account each month.
Does it require a hard credit check?
Yes, a hard credit check is required at the beginning of your loan. This allows us to get a picture of your current credit health before we embark on your journey to awesome credit!
How do I know if it’s working?
Once you’ve begun making positive payments to your Boost Loan, you will see credit improvement in as little as three months. But even better, your MyMarble Dashboard will allow you to track your current and historical credit scores. This way, you’ll be easily able to see your credit score increase and see the Boost Loan working its magic.
What happens if I miss a payment?
Making a positive loan or credit payment is an excellent way to maintain and improve your credit score. So, if you miss a payment, it will hurt your credit score. Our Team is happy to chat with you about when the payment dates are to ensure you never miss a payment.
How long is the subscription?
The Boost Loan is for a 12-month term. Your payments will be charged monthly at 19.99+ tax (tax rates vary per province). In addition, your monthly payments include a monthly process fee of $3.25 and no interest is charged.
Can I cancel?
Yes, if you wish to cancel, please notify our Team who will be more than happy to chat and help you with your cancellation. Try to cancel at the latest 48 hours before your next payment is due – this way, you won’t have to pay the next month. You can email [email protected] for any further questions on how to cancel.
Frequently Asked Questions
What is credit improvement?
A budget-friendly way to positively impact your credit score with MyMarble. Simply log in to your MyMarble Dashboard and scroll to Recommendations > Boost Loan > Learn More.
How does it work?
If you’re ready to begin improving your credit score, start by signing up to MyMarble Premium and then choose our Boost Loan option for $19.99 (+tax and an additional $3.25 monthly processing fee). We’ll report your monthly payments to both TransUnion & Equifax to increase your credit score in as little as 3 to 6 months. Every positive payment you make to the Boost Loan will improve your credit score, so make sure you’ve got the subscription fee in your account each month.
Does it require a hard credit check?
Yes, a hard credit check is required at the beginning of your loan. This allows us to get a picture of your current credit health before we embark on your journey to awesome credit!
How do I know if it’s working?
Once you’ve begun making positive payments to your Boost Loan, you will see credit improvement in as little as three months. But even better, your MyMarble Dashboard will allow you to track your current and historical credit scores. This way, you’ll be easily able to see your credit score increase and see the Boost Loan working its magic.
What happens if I miss a payment?
Making a positive loan or credit payment is an excellent way to maintain and improve your credit score. So, if you miss a payment, it will hurt your credit score. Our Team is happy to chat with you about when the payment dates are to ensure you never miss a payment.
How long is the subscription?
The Boost Loan is for a 12-month term. Your payments will be charged monthly at $19.99+tax (tax varies per province). In addition, your monthly payments include a monthly process fee of $3.25 and no interest is charged.
Can I cancel?
Yes, if you wish to cancel, please notify our Team who will be more than happy to chat and help you with your cancellation. Try to cancel at the latest 48 hours before your next payment is due – this way, you won’t have to pay the next month. You can email [email protected] for any further questions on how to cancel.
Boost credit improvement is not a cash loan.
But it’s a great way to add some extra juice to your credit score. Marble will report your payments to both TransUnion & Equifax which will further improve your credit score. In addition, you will have access to MyMarble Premium’s awesome credit improvement technology, too.
Boost credit improvement is not a cash loan.
But it’s a great way to add some extra juice to your credit score. Marble will report your payments to both TransUnion & Equifax which will further improve your credit score. In addition, you will have access to MyMarble Premium’s awesome credit improvement technology, too.