How to Improve or Fix Your Credit Score in 2018
Is your credit not where you’d like it to be? Is your credit score low? Do you have an unhealthy looking credit rating, history and/or report? Does your bank constantly deny your applications for new credit products? Don’t give up, because Loans Canada has the advice that you… Read More
What is the Average Credit Score in Canada by Age?
A good credit score is a valuable tool for anyone trying to navigate their financial life. True, making a decent income and saving money are also healthy practices, but a solid credit score is one of the key factors that can put you in… Read More
What is Loan Stacking?
In this day and age, it’s not uncommon for Canadians to have multiple types of credit products listed on their credit report. Many borrowers have one or more credit cards, a car loan, a mortgage, maybe even a few personal loans to take… Read More
A Penny Spent is a Penny Owed: 10 Ways to Pay Off Your Debt
When it comes to debt, it’s always in your best interest to get a jumpstart toward paying it off, if you want to avoid being in debt for years to come. Easier said than done, we know. Everyone’s financial situation is different, just as everyone’s level… Read More
How Your Credit Fluctuates
Everyone wants a long credit history, a good credit score and a healthy credit report that is devoid of errors. The great news is that everyone can have those things, whether you’re working… Read More
How Does Foreclosure Affect Your Credit Score?
Foreclosure is a highly unfortunate event that forces homeowners to lose their homes after defaulting on their mortgages. Foreclosures are a real risk to those who are struggling to make their mortgage payments. If a homeowner is three months overdue on their… Read More
Building Your Credit to Buy a House
Home-ownership continues to be a dream for most Canadians, but this goal is often out of reach for many who still struggle with a poor credit score. Most conventional lenders typically require a healthy credit score of anything over 680, though there are loan options available to those… Read More
How to Get Free Credit Repair
It’s pretty easy to end up with bad credit. Even one missed payment, that’s more than 30 days overdue, can negatively impact your credit score. As soon as the credit reporting agencies get wind of your missed payment, your credit score will take… Read More
Life After a Consumer Proposal: Fastest Way to Build Credit
Many Canadians struggle with their finances, forcing them to seek out options to help them alleviate their debt. A well-known debt solution option is bankruptcy, which can offer consumers protection from creditors who may seek to launch lawsuits in an effort to recoup… Read More