Terry hasn’t been able to obtain a credit card or car loan for quite some time. He is employed & making reasonable income, but is still turned down by every creditor.

While analyzing Terry’s credit bureau report, we found his score- 511 points, a number of collection accounts and a judgment still outstanding. We were able to settle his accounts at a percentage of their respective balances. We also assisted Terry in obtaining both a car lease (a brand new vehicle at 12%,) as well as a credit card, to begin his credit rehabilitation. In just 30 days of RECI working on Terry’s file, his credit bureau score was 550 points. In 9 months, the score was well over 640 points!


Lilly & Jake were discharged from a consumer proposal 2.5 years ago. However, their credit scores were sitting in mid 500′s when they first came to RECI.

Reviewing both credit profiles, we couldn’t help but notice numerous errors in the current records, Furthermore, the proposal itself was still showing a balance outstanding. We were able to acquire the appropriate documents and advise the credit bureaus accordingly. Both clients’ files have seen a significant point increase in less than 45 days. Nine months later both files read over 650 points!


Phillip’s 1st mortgage was due for a renewal at the end of a 5-year term. However, no bank was interested in his business as Phillip was still in the middle of a consumer proposal.

RECI assisted in arranging an early consumer proposal payout via a 2nd mortgage to obtain an absolute discharge. Once discharged, we assisted Phillip re-establishing his credit and obtaining a 1st mortgage through one of our broker partners. After 24 months of following the RECI program, Phillip was able to re-establish his credit as per CMHC (Canada’s Mortgage & Housing Corporation) guidelines and was able to qualify for the best bank rates again.


Nolan & Christine had gone through some difficult times. The couple had fallen behind and maxed out credit card bills in an effort to stay afloat. With high balances exceeding $80,000, paying in full became virtually impossible.

Our calculations showed that the best solution to this couple’s problem was to go bankrupt. Due to the lack of tangible assets & relatively low household income, Nolan and Christine were able to process their discharge within 9 months. Nolan & Christine got to keep both the house and the car that they owned at the time of filing. The only thing that they lost were their debts.

“Konstantin of RECI was very meticulous & helpful throughout the whole process. Step-by-step from organizing all the appropriate documentation, setting up appointments, to accompanying me between different professionals. He made sure I was worry free and comfortable. The level of service he provided me with was for sure exceptional. I would definitely recommend RECI to anyone in a similar situation. I’ve learn a lot. Thank you Konstantin and the RECI team!”
“After my bankruptcy I was convinced banks would forever look at me differently. With RECI’s help I was able to re-establish my credit score and qualify for a much better rate on my home refinance. Future is looking bright!”