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.
It’s Financial Literacy Month! One of many important skills to have includes making sense of your credit bureau report. We explain what those codes and numbers mean – and how they impact your ability to borrow.
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.
How can students build credit when they already face such high amounts of debt? There are small ways to start building that credit score. Check out our tips.
Did you know – March is Fraud Prevention Month in Canada? Awareness is the first step in avoiding falling victim to fraud. Here, Barry Choi of Moneywehave.com shares 6 credit card scams to keep an eye out for.
This week, Federal Finance Minister Joe Oliver stated fears of a possible Canadian credit cut, should Ontario continue to carry a deficit. Should Canadians be wary of a potential hit to their cost of borrowing – or is this just a pre-election political play?