Get a free, no obligation personal loan quote with rates as low as 9.90%
Get Started You can apply with no impact to your credit score
Note: Please note that MyMarble has discontinued its services.

A credit score is a financial tool that is used not just by lenders, but landlords, insurers, utility providers, cell-phone providers, and even potential employers. It is used to determine what offers you will receive, how much you will be charged and overall, establish your candidacy as a client. If you have bad credit, you may be subjected to a larger down payment, a higher interest rate, or a higher premium. In order to avoid these charges, you can try to increase your credit score.

MyMarble Premium is a financial wellness tool offered by Marble; a company that specializes in helping Canadians get their finances back on track and rebuild their credit. It is a tool that guides you on how to manage your credit score in the most efficient way, all the while paying down your debt. Its innovative software analyzes your banking data to create a plan that will allow you to take measured steps in achieving your goal towards higher credit. Unlike other credit improvement products, MyMarble Premium software provides detailed and personalized recommendations on how you can improve your credit score (including the number of points your credit score would increase by). 

Point Deduction Technology

This software is the key to determining how much each item on your credit report is worth. According to Marble, “it analyzes credit data points in real-time to identify those that make the biggest impact—both positively, negatively, and incorrectly—on your credit score”. This ultimately, allows MyMarble to provide actionable insights on how to build your credit score. 

Points Simulator

This software can simulate how many points you’ll gain or lose based on future actions. If you wanted to know how many points you’d lose if you missed a payment next month or how many points would you gain if you paid an extra $200 on your credit card, MyMarble Premium’s Points Simulator would be able to calculate it for you. 

Ultimately, MyMarble Premium is a tool that helps you get the credit score you need so that you can gain access to the offers and rates you want on other credit products, like a car loan or a mortgage. 

Score-Up Logo
Score-Up makes a positive impact on your credit score so you can plan for a positive financial future.
LEARN MORE

What Is MyMarble Premium Like?

You can gain access to MyMarble in three simple steps. 

  1. Choose the MyMarble Premium subscription. This subscription will give you access to a number of other tools that will help you reach your credit score target such as monthly reports and alerts on your progress and personalized plans on how to achieve your target credit score.
  2. Once subscribed, MyMarble’s software will analyze your banking data to determine the most efficient way to build your credit score according to your goal.
  3. With a plan in place, you can keep tabs on your progress, by reading its monthly progression reports and using their recommendations on how you can gain points.

Benefits MyMarble Premium

There are a number of benefits MyMarble Premium offers when you subscribe. 

Pinpoint Data Errors

Oftentimes, credit reports will contain errors that can affect your credit such as duplicate credit, line items, and inaccurate payment history. With MyMarble Premium’s Software, it will highlight these errors so that when you apply for new credit your banks and lenders will see your true credit report; one free from error. This will result in you getting the best rates and offers for the credit product you are applying for. 

Know What Increases Your Score Point By Point

With MyMarble Premium’s Points Simulator software, you can see how many points you will gain or lose from a particular action. It will also give you recommendations on how to gain more points by telling you which debts to pay first and by how much. For example, if you pay $100 on your line of credit 10 days earlier than the due date, the simulator software will be able to tell you how many points you will gain by doing so. Moreover, MyMarble Premium will give you a personalized strategy on how to achieve your goal by advising you to do certain actions such as:

  • Pay $23 on your personal loan for +8 points
  • Pay $50 on your line of credit 10 days before the due date for +10 points
  • Pay $35 on your credit card for +3 points

With measurable steps to attain your goal, MyMarble Premium makes building credit fast, simple, and manageable. 

Monthly Reports

MyMarble Premium also provides monthly reports that detail your credit improvement progress. It also provides monthly alerts on areas where you’ve lost points and real-time recommendations on where you can gain points. 

Who Is MyMarble Premium Best Suited For? 

MyMarble Premium is great for anyone looking to improve their credit score in a fast, easy and actionable manner. One MyMarble Premium’s greatest features is the ability to know how many points you will go up based on the action you choose. The ability to see your progression is a huge motivating factor that is likely to keep people on track and in line with their credit-building goals. This can be particularly beneficial to people who need to build their credit score to a certain number within a limited period of time. Moreover, it can help consumers maintain their credit score in the long run. 

Future Financial Peace Of Mind

With your credit score in a good range, you can have peace of mind knowing that if any unexpected expenses come your way, you will have access to different types of credit products at affordable rates. No longer will you have to rely on payday loans or loan sharks when you’re in a financial pinch. You will have the power to choose what you want based on your needs. 

Priyanka Correia, BComm avatar on Loans Canada
Priyanka Correia, BComm

Priyanka Correia is a Marketing Coordinator and personal finance expert at Loans Canada. Priyanka completed her Bachelor's degree in Marketing at Concordia University and has published work that has been mentioned in various news media. She is passionate about money management and educating Canadian consumers about how to take control of their financial lives.

More From This Author

Special Offers

More From Our Experts

https://loanscanada.ca/wp-content/uploads/2016/01/gambling-debt.png
Can Gambling Hurt Your Credit Score?

By Lisa Rennie
Published on September 12, 2024

Does gambling affect credit score in Canada? Learn how debt from gambling can affect your finances and credit.

https://loanscanada.ca/wp-content/uploads/2024/08/how-old-do-you-have-to-be-to-get-a-credit-card-in-canada.png
How Old Do You Have To Be To Get A Credit Card In Canada?

By Jun Ho

How old do you have to be to get a credit card in Canada? Find out which credit cards you may qualify for and what the age requirements are.

https://loanscanada.ca/wp-content/uploads/2024/04/Tim-Hortons-Credit-Card.png
Tims® Mastercard Review 2024

By Lucas Elliott

Explore our review of the Tim Credit Card: perfect for Tims enthusiasts, offering rewarding points on everyday purchases, with no annual fee.

https://loanscanada.ca/wp-content/uploads/2024/05/Identity-Protect.png
Identity Protect: A Review

By Lisa Rennie

Check out Identity Protect for a comprehensive suite of features to help protect you against identity theft.

https://loanscanada.ca/wp-content/uploads/2024/03/How-To-Calculate-Credit-Card-Interest.png
How To Calculate Credit Card Interest

By Sandra MacGregor

Ever wonder how much interest is being charged on your credit card? How exactly does it work and how much are you really paying?

https://loanscanada.ca/wp-content/uploads/2018/09/Credit-Building-programs.png
Best Programs To Help You Build Credit In Canada

By Lisa Rennie

Are you looking to improve your credit but aren't sure where to start? Loans Canada can help you find the right credit improvement service for your ne...

https://loanscanada.ca/wp-content/uploads/2024/03/Nyble-vs-bree.png
Nyble vs. Bree: Which One Is Better?

By Lisa Rennie

Bree and Nyble make great alternatives to expensive payday loans. If you're short on cash, these services can help cover you.

https://loanscanada.ca/wp-content/uploads/2024/03/Apps-like-Nyble.png
Credit Building Apps Like Nyble

By Lisa Rennie

Looking for credit building apps like Nyble? We've listed and reviewed various products that can help you improve your credit score.

Recognized As One Of Canada's Top Growing Companies

Loans Canada, the country's original loan comparison platform, is proud to be recognized as one of Canada's fastest growing companies by The Globe and Mail!

Read More

Why choose Loans Canada?

Apply Once &
Get Multiple Offers
Save Time
And Money
Get Your Free
Credit Score
Free
Service
Expert Tips
And Advice
Exclusive
Offers

Build Credit For Just $10/Month

With KOHO's prepaid card you can build a better credit score for just $10/month.

Koho Prepaid Credit Card