Credit Score
Our articles about credit score and how to improve it.
Does Getting Your Rent Payments Reported to Credit Bureaus Actually Help You Build Your Credit in Canada?
Over the last few years, various rent reporting services have emerged in Canada, most of which only report rent payments data to Equifax. That includes Borrowell Rent Advantage, FrontLobby, and KOHO. More recently, rent reporting company Zenbase anno
How to Graduate From a Secured Credit Card in Canada
A secured credit card has done its job once your credit score reach 680 and you can qualify for a standard unsecured card.
Why You Should Probably Say Yes to a Credit Card Limit Increase
"If you're offered a credit limit increase by your credit card company, it's because they believe that you can afford that level of credit."
Why You Actually Don't Need A Credit Repair Consultant To Fix Your Credit in Canada
Some of these companies claim they can remove negative information from your credit report, which is something no one can do if that information is accurate.
What You Can and Can't Do With a 600 Credit Score in Canada
With a 600 credit score, you can have access to some credit, but it will be at a very high interest rate.
The Step By Step Action Plan To Build Credit At 18
"When you turn 18, if you're a student, you might be able to get an unsecured student credit card; if not, getting a secured credit card is a great way to build your credit too," stated Richard Goyder, Chief Credit Risk Officer at Neo Financial.
How to Build Your Credit From Scratch as a Canadian Immigrant
The fastest way to start building credit from scratch is to get a secured credit card, use it for small recurring purchases, and pay the balance in full every month.