Credit Scores

If you want the best mortgage rates, lowest interest rates on lines of credit, and access to the best travel credit cards in Canada, you need a good credit score. Let me rephrase that, you need … Read More

I love road trips. Really, who doesn’t? Meandering along undiscovered roads, stopping at chip trucks and local restaurants, catching a sunset from a new location every night — all while following no set agenda. In the … Read More

It affects your life in more ways than you might realize, yet a BMO survey found that the majority of Canadians have never checked their credit score. Worse yet, many don’t know what’s considered a good score, … Read More

Credit scores are a tricky thing: Canada’s two bureaus, Equifax and TransUnion, consider their scoring models “proprietary” and don’t disclose their exact methods. As such, there are several half-truths, misunderstandings, and straight-up falsities about the factors … Read More

So, your credit score is in the dumps. Maybe you consistently make late payments, maxed out your credit cards, or straight up ignored a bill until it was sent to a collections agency. Whatever the reason, … Read More

Real talk: There’s no “fast” or instant way to repair a bad credit score, no matter what a clickbait headline tells you. Your credit score is a reflection of financial habits that are months, years, or … Read More

In the eyes of lenders, your credit score is your calling card. When you apply for apply for products such as a credit card or mortgage, lenders use your credit report and score to gauge your creditworthiness. The … Read More

Canadian post-secondary students are facing a crunch like never before. The average student graduates with an estimated $25,000 in government-issued debt, and your ability to repay it can have a lasting effect on your credit score.

The concept is simple enough: pay your bills before they’re due. This isn’t a suggestion; payment history is one of the largest components of how your credit score is calculated. Lenders use your credit report as a measure … Read More

A mortgage is the largest debt many people will take on in their lifetime. If you’re planning to buy a home, having a high credit score means you’re more likely to be approved for the best mortgage rates. But once you become a homeowner, how … Read More