Should you Accept a Pre-Approved Credit Limit Increase or Line of Credit?
Do you ever receive notices from your credit card company that they have a credit limit increase pre-approved for you? Do you get notices from online lenders or...
How Long does Collection Stay on your Credit Report in Canada?
In Canada, while debt and credit ratings are related, they aren’t mutually exclusive. This means that having now debt won’t mean you have a good credit rating a...
When it comes to credit accounts, there are many different types to choose from. There are unsecured personal loans, secured personal loans, lines of credit and...
In Canada, your ability to borrow money or make large purchases is partially based on your credit score. Your credit score is based on your credit history, cred...
Good or bad, your credit score isn’t written in stone. It’s a number you have the power to change for the better (or worse). If want to get proactive about your...
Average Credit Score Ranges in Canada: What You Need to Know
If you’re just starting your credit-building journey, you may be wondering what the credit score range is in Canada and what’s considered a good score....
Your Credit Mix: Why It’s Important to Have Different Types of Credit in Canada
When it comes to building credit, you probably know that paying your bills on time and keeping your credit card limits below 35% is extremely important. But did...
What Is Considered Good Credit Utilization in Canada?
When we think about credit scores, many Canadians don’t consider credit utilization to be a primary factor. We tend to be more concerned about making payments o...
