Credit score
There is no universal minimum credit score for renting an apartment in Canada. While most landlords prefer a good credit score of at least 660, a lower score won’t automatically disqualify you. The minimum credit requirements vary widely among landlords as well as rental markets across the country. In this article, we’ll explore everything you […]
Homebuyers are often left scratching their heads, wondering “What is the minimum credit score for a mortgage in Canada?”. In most cases, you need a credit score of at least 680 to qualify for a mortgage through a traditional lender. If your credit doesn’t stack up, there are alternative options available. Whether you’re a first-time […]
The minimum credit score for credit card approval in Canada is roughly 660. However, this is not set in stone. It depends greatly on the type of credit card you’re applying for and the issuing financial institution. Other factors also come into play like your income, employment history, and debt load. It can also depend […]
Buying a new car can be stressful, especially if your credit score is not perfect. In Canada, you will typically need a minimum credit score of 660 or above to qualify for most car loans. However, if your credit score falls below this level, there’s no need to panic, as some lenders provide car loans […]
Leasing a car in Canada serves as a great option for those looking for a long term car rental rather than buying a new car with financing. However, it’s important to know that you need a minimum credit score to lease a car in Canada. While there is no official minimum credit score required to […]
Recent studies have shown that Canada has one of the world’s highest mobile phone usage rates. More than 98% of the population between the ages of 18-29 and 95% of those aged 30-49 own a smartphone. That means that at some point, nearly every Canadian adult has applied for a mobile phone contract or plan. […]