Credit score
KOHO Credit Building could help you build a better credit score. It’s hard to live without access to some kind of credit. You might need a credit card to book a hotel or make online purchases. Overdraft protection on your bank account could be handy to cover expenses if you run short of income. Alternatively, […]
If you live without a credit card in Canada, you’re practically a nobody – or at least it feels that way. The world moves at the speed of swipe and without that little piece of plastic, doors close. Friends jet set without you, hotels turn you away and simple online purchases become a major pain […]
Your credit score can have a big impact on your life. Unfortunately, it can be difficult to increase on your own, especially if you’ve previously made poor financial decisions. If you’re not quite sure where to begin, consider reviewing credit score basics. You may also wish to look into credit cards that are designed to […]
You probably know by now that a bad credit score comes with not-so-fun consequences. But many fail to realize just how a bad credit score can impact their life and financial goals. Everyone wants to make their life less stressful so that they can be happy. It’s time to focus on bettering your financial reputation […]
A balance transfer credit card can reduce your debt by eliminating additional interest charges from the equation. But it can have a not-so-great effect on your credit score if you’re not careful. So you have to be cautious and do your research before transferring any balances that may affect your credit. And of course, always […]
Your credit report is an essential aspect of your financial profile, and it’s critical to dispute any errors you find on your credit report as early as possible. You can dispute your credit report by mailing or submitting the necessary documentation to Equifax, one of Canada’s two major credit bureaus; the other credit bureau is […]
A credit score has a fundamental impact on the life of any prospective borrower. Normally, you have to pay to check your own score, but a growing number of banks and fintech apps are making it possible to check your credit score online for free. This is the case with Desjardins, which, in partnership with […]
The Bank of Montreal (BMO) is one of the main Canadian banking institutions. They offer a full line of essential services for Canadians, including loans, credit cards, mortgages, and other credit products. BMO offers free credit scores to their clients through TransUnion. Your credit score is important as it makes an impact on the kinds […]
Your credit score includes three powerful numbers, known as a FICO score, which can determine a lot in your life. If your credit score is low, you may not be able to get loans and if you do, they’ll include high interest rates. You will have a hard time gaining access to credit cards and […]
Your credit score can affect your everyday life, from shopping at the grocery store to buying a car or renting an apartment. A credit score is a three-digit number that creditors use to ascertain the likelihood of paying your bills on time. In Canada, a credit score falls between 300 to 900. The higher your […]
Your credit score has major implications on your day-to-day life, determining whether you are able to get a mortgage, lease a car, or even sign up for a credit card. However since it is difficult to view your entire credit history, you may be unaware of factors that are lowering your score. Worse yet, if […]
The National Bank of Canada (NBC) is based in Montreal. There are branches in most Canadian provinces. They offer services for Canadians including bank accounts, credit cards, saving plans, insurance, and mortgage loans. NBC currently doesn’t offer a free credit score for those who bank with them. They never have, but they do have valuable […]
