It is essential to consider the impact – positive or negative – that a Balance Transfer procedure will have on your overall credit score. Balance Transfer credit cards are designed to help you pay off or reduce your debts, by giving you low interest rates or interest-free promotional offer of transferring or moving your balances …
How Balance Transfer Credit Cards Affect Your Credit Score Read More »
Repairing your credit fast is not as hard as most people might think. The time it takes depends on the different factors affecting your credit. Improving your credit score can make you eligible for lower interest rates and better terms. Your credit score might not be as bad as you think. To repair your credit, …
Having a bad credit score in Canada does not automatically rule you out of getting a credit card. Although it’s always advisable to be a responsible card user, ensure to make timely payment of your balance monthly and keep your credit utilization beneath 30% monthly. Be reassured that you can restore your credit card, as …
It is possible you’ve had a bit of tough luck and made some bad financial choices – you don’t have to feel bad, everyone makes them at least once in a lifetime. But if you’ve learned from the error of your past mistakes, chances are you’re better off today than you were yesterday. However, it …
Getting a Mortgage with Bad Credit – 5 Things Canadians Should Know Read More »
Stuck with bad credit and wondering how to fix it fast? There is no doubt credit is a useful financial tool, but like a double-edged sword, it can cause a lot of grief if not properly managed. If you don’t know how to improve credit score quickly, you might get crushed under a mountain of …
Canada has a credit score range of 300 to 900 points, with 900 being the highest score you can get. What a bad credit score is, strictly depends on who’s asking and why. However, any credit score that is less than 650 is generally not considered a healthy score. At that credit score range, lenders, …
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