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 [...]
The easy answer to this question is no, your job does not directly influence your credit score. The complete answer to that question may be more complex, however.
For example, in Canada, a person looking for an automobile loan may find that (s)he is evaluated on a variety of factors, including the duration of their [...]
A credit score determines a great deal about whether or not you qualify for a large loan, such as a mortgage or vehicle loan. It tells the lender whether or not you are a good credit risk, if you will likely pay the loaned money back, and if you will care for the property you [...]