If you have put in the hard effort it requires having a solid, high credit score, then use that score to save money whenever possible.
The most obvious and immediate advantage to those with a high credit score is that they can receive favorable loan terms, especially for cars and homes.
When you are ready [...]
There are two types of inquiries that a bank, credit card company, or other potential loan originator can make on your credit score.
These are called either a “soft hit” (”soft inquiry,” “soft pull” or “soft credit check” are synonymous terms) or a “hard hit.” (again, “hard inquiry,” “hard pull,” and “hard credit check” mean [...]
The Canadian government provides an official, legal arrangement for people in debt difficulty to negotiate with their creditors to repay debt on different terms that those they originally entered into.
This device, called a Consumer Proposal, is different from bankruptcy, and gives the debtor some significant advantages over bankruptcy or paying the debt [...]
It is extremely important to regularly get a copy of your credit report from each credit bureau so that you can see if there are any mistakes on those reports.
Even a simple mistake like the wrong address or even the wrong house number on your address can lead you to being turned down for [...]
We looked at how to calculate your net worth in one of our previous article. The net worth calculation will help you knowing if you are going forward or backward from one year to another. However, when you present your net worth to a banker, there are some item that may not worth too much [...]