Credit Score
Learn all about credit scores: what they are, why they matter, and how to improve them, no matter where you are in your financial journey.
How to build your credit from scratch as a Canadian immigrant
Your credit history doesn't transfer to Canada. Here's how to build credit from the ground up in six to 12 months.
What you can and can't do with a 650 credit score in Canada
You can still qualify for car loans, high interest personal loans, and secured credit cards, but you will face higher interest rates.
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 freeze your credit and avoid credit fraud in Canada
"If you're concerned about people opening up credit in your name or if your info were part of a leak, freezing your credit file is something you should consider."