Consumer credit counselling involves educating consumers on managing their finances. Consumers are learn how to avoid or get out of debt, how to create wealth and how to achieve financial freedom and prosperity. The goal is to help them get over financial difficulties through budget counselling, enrolling them in debt management programs and keeping them on the […]
What is a Bad Credit Score?
Do you know what your credit score means? That number can have a bigger impact on your life than you might think. If you are 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?” We’ll take a […]
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 […]
How is My Credit Score Calculated?
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 credit scores work in Canada: There are several different […]
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 […]
