Do you know what your credit score means? That number can have a bigger impact on your life than you might think. If you’re considering applying for a credit card, buying a car or taking out a mortgage, you might find yourself wondering exactly what is a bad credit score? Let’s take a look at those numbers and […]
How Your Credit Score is Calculated in Canada
Many of us often wonder what exactly affects our credit score and by how much. If you’ve found yourself with a bad credit score, you may be especially concerned with how you got to this point and how to recover. Let’s take a look at how your credit score is calculated. Payment History Your payment history […]
How to Fix Bad Credit in Canada
Bad credit brings negative social, emotional, and financial stigma. If you have bad credit, you will find it very difficult to get a loan, meaning you won’t be able to get a mortgage for a house, a new car, or a line of credit for renovations. Bad credit overwhelms those who struggle with financial hardships […]
How Did I Get a Bad Credit Score And What Should I Do Next?
The bills slowly start piling up and before you know it, you are drowning in debt. You now have a bad credit score and you are struggling to borrow money because of it. It can be scary and confusing, but the only way to stop your credit score from getting worse is to understand how […]
Reporting an Error to a Credit Reporting Agency
Credit reports contain information critical when lenders seek to determine your financial health, so errors can negatively affect your credit score. A credit reporting agency can make a mistake. And, if you see an error, you have the right to question and dispute information on your credit report when you believe that it is wrong. When you see incorrect […]
