credit score

Whether you have too many and want to cut back, or you want to limit your chances of overspending, we’ve probably all found ourselves in the situation of trying to decide whether or not we should … Read More

Until he got the call, Isaac didn’t think much about identity theft. The married Toronto father of two keeps on top of his family’s finances and expenses, doesn’t carry credit card debt, and uses strong passwords … 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

Having a good credit score is one of those things you always hear about, without necessarily understanding what it means. Your credit score is a number between 300-900 that determines your creditworthiness in the eyes of … 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