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.
If you have poor credit (or no credit history at all!), it can be challenging to be approved for a traditional credit card. Secured credit cards offer an opportunity to rebuild a good credit score through good payment performance.
What is a good credit score? Read on to see how your credit score is calculated, the ideal number for borrowing needs, and how to fix yours.