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…
A new year provides the perfect opportunity to mentally give yourself a clean slate and get a handle on your finances. Are you planning on saving more this year? Investing? Paying off debt? No matter your resolution, you first need to gain a clear understanding of where you stand financially. And in order to do so, here are a few things you should know so you can best leverage your hard-earned dollars.
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.
New data shows that the average Canadian’s debt level has risen by 2.7 per cent year over year, while at least a quarter of respondents of a recent debt poll say they will never be debt free. Despite those figures, Canadians are looking to a brighter financial future.
Want to take out a loan or mortgage, but don’t know where to start? Planning to Borrow by Steve Bang demystifies the world of consumer borrowing. Read on for our review, and prepare yourself before you walk into the bank.
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.
Are you carrying too much high-risk debt? Revolving loans like credit cards can be damaging to your credit score – but you do have options. Here’s how you can reduce the amount of risky debt you carry, and get set on a plan to pay it off.
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.
What would you do if someone else laid claim to your home? It’s a move known as title fraud – and any home owner can fall victim. Here’s what you need to know about this type of fraud, how to prevent it, and the tell-tale signs that your ID may have been compromised.