Interview: Open Banking With Gary Schwartz, President Of The Canadian Lenders Association
Posted on September 8, 2021
The Loans Canada team sits down with Gary Schwartz of the Canadian Lenders Association to talk about open banking.
Video: How Your Credit Score is Calculated
Loans Canada: The Country's Best Loan Comparison Platform
Written by Caitlin Wood
Updated March 13, 2020
Video: How Your Credit Score is Calculated
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Credit Credit Rating Credit ScoreIf you’ve been looking into improving your overall financial health or have simply just been looking to improve your financial knowledge, you’ve more than likely come across lots of information discussing the importance of the credit score. Credit scores truly are very important, creditors and lenders often use them to assess our creditworthiness. Whether or not you get approved for a loan, mortgage or new credit card can often be reliant on your credit score (just in case you were wondering, there are lenders that do not use credit score to approve loan applications). We believe that in order to have the best possible financial life, you need to know how your credit score is calculated. This way, you’ll know what you need to do to improve it if that’s your goal. Check out our newest video to learn how your credit score is calculated.
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Caitlin is one of Canada's leading personal finance writers. She is a graduate of Dawson College and Concordia University. She has been part of the Loans Canada team for over eight years. She believes that education and knowledge are the two most important factors in the creation of healthy financial habits. She also believes that openly discussing money and credit, and the responsibilities that come with them can lead to better decisions and a greater sense of financial security.
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goPeer is Canada's first consumer peer to peer lending platform and connects creditworthy Canadians looking for a loan with everyday Canadians looking...
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