Creditors use credit bureaus in Canada to check a consumer’s creditworthiness before extending credit. Lenders tend to have a preference of either Equifax or TransUnion, but some will check both. Understanding what a credit bureau is, how they get their information, and how to monitor the information contained… Read More
Regular checks of your credit score and report are crucial as it gives you the chance to review and regulate your personal finance performance. Every twelve months, the two credit bureaux of Canada, Equifax and TransUnion, allow every Canadian individual to attain one free copy… Read More
Sponsored by Fairstone For this blog, we’ve teamed up with our partners at Fairstone. Having an emergency fund can help lessen the burden when it comes to paying for repairs and other expenses. But we often forget how vulnerable we are to financial emergencies, and… Read More
Anyone who holds a loan may want to refinance down the road for the associated benefits that come along with the offer. Your credit score may take a slight hit, but if the benefits of the refinancing outweigh the downfall, you should definitely seize the opportunity. Remember that… Read More
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