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 you know that your credit mix is another factor that can impact your credit score?

Previous
Next

You May Also Like:

Credit Tips | Mar 3, 2022

12 Easy Ways to Increase Your Credit Score

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...

Read this Story

Credit Tips | Feb 20, 2022

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....

Read this Story

Credit Tips

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...

Read this Story
Need help?

Visit our help centre for more information

Looking for more details about a specific service? Need to get a hold of us regarding an existing account? We are here to help!

Help Centre

Let’s grow together.

Get a Loan Quote