What is considered a good credit score and how can you improve your rating? Test your fundamental knowledge of credit scores with this quiz.
The grace period for COVID-19 mortgage and credit card deferrals, property tax payments, and other financial relief measures are coming to an end.
Your credit report contains a plethora of information and can show you more than just your credit score. Here is how to make sense of those codes and numbers.
A mortgage payment deferral is not the same thing as payment forgiveness. You’ll still be responsible for the missed payments and the interest on the payments.
A pre-approved credit increase may signal warning bells. Why is your credit card company offering you more money? But it may actually be a good thing for your credit score.
Is your score being haunted by a debt, bankruptcy or registered item? By law, negative information can only stay on your credit report for a certain length of time, typically up to a maximum of 6 years. But this could be longer or shorter based on…
Due to Canada’s high levels of household debt and housing prices, credit ratings agency Moody’s Investor Service recently downgraded the credit rating of Canada’s Big Six banks. Find out how this can affect consumers nationwide.
Is your credit score mortgage ready? Many Canadians don’t know the state of their score before starting the pre-approval and application process – and they could be in for a nasty surprise. Here’s what you need to know about your score – and how you can improve your chances of qualifying for a mortgage.
The average amount of Canadian credit card debt has hit a three-year high according to a recent report from TransUnion. What are the top culprits behind high balances? Read on for our breakdown.
Could your credit score be the key to true love? A recent study from the U.S. Federal Reserve Board found couples with similar scores had a higher chance of relationship success.