1. Check into using a secured credit card. While they typically have higher fees and you have to pay a deposit to access them, they can help you build positive credit history. When selecting a secured card there are several important things to consider such as fees, do they report to the major credit bureaus, what happens to the money you secure your account with, and so on.
2. Once you have a card, use it lightly! Only charge what you can comfortably afford to pay back each month. If you keep a balance you will lose money to interest fees and you run the risk of getting in over your head.
3. Keep up on your credit report. Know what is on there and keep negative information from being added. You can ask for a free copy of your credit report by mail. There are two main credit bureaus in Canada: Equifax Canada and TransUnion Canada.
4. How do you keep any new negative reports from affecting your credit rating? Pay all of your bills on time. Even if you cannot go back and pay for debts you incurred five or six years ago, you can make the payments necessary to prevent new, negative items from being reported to the bureaus. Focus on the future!

Time, hard work, and dedication are the paths to repairing your bad credit score. There is no “quick fix”, although there are options that may help you bounce back from damaged credit, including debt management plans and credit counselling services.
Your credit is an integral part of your success in life. Take the time to talk to an expert and find your best path forward!