Can I Transfer My American Credit History to Canada?
While moving to a new country can be tedious and expensive, there may be a great new home and job waiting for you when you arrive, as well as the prospect of earning dual citizenship, so all the effort can certainly be worth it. What’s more, moving from the United… Read More
Can I Transfer My Canadian Credit History to the U.S.?
If you’re in the process of moving to the United States, or anywhere else, you might be wondering if your credit history will be coming with you. Unfortunately, credit information cannot be transferred to another country because there are legal and practical implications. The good news is that you can… Read More
Credit Report Canada
A credit report is a thorough, detailed report including all the information in a person’s financial history. Canada’s two credit reporting agencies, Equifax and TransUnion gather all information relating to your credit accounts, then use that information to create… Read More
How the Length of Your Credit History Affects Your Credit Score
Have you ever looked up your credit score? If you haven’t, you should. It’s important to keep on top of the details of your credit report and make sure your credit score is accurate since it can help you secure a job, rent an apartment… Read More
Canceling a Credit Card, is it Bad For Your Credit Score?
To cancel a credit card or not, this is probably one of the most asked credit and personal finance questions out there. Everyone wants to know should they cancel a credit card that they’re no longer using or keep it open and use pure force of will to simply not… Read More
What is Bad Credit and How do I Fix it?
The great thing about credit is that it can be improved. If you currently have bad credit, you are not stuck with it forever. You can work to build better financial habits, pay off debts, and ultimately rebuild your credit. What is a Credit Score? The majority of the time… Read More
Credit Reporting Agencies: What are They and How do They Work?
Credit reporting agencies, we know who they are (in Canada there are two, Equifax and TransUnion) and we know that they’re the keepers of our ever important credit information. But, more often than not, our knowledge of these agencies ends there. So that you’re… Read More
What is a Credit Inquiry?
A credit inquiry is when you or an organization requests access to the information included in your credit report. You can request a copy of your own credit report at any time (you have access to one free copy a year, you’ll have to pay a fee for any additional… Read More
How Long Does Credit Information Stay on Your Credit Report?
Your credit report is essentially your credit history. It compiles all the information concerning your credit habits and creates a tool that can be used by lenders and creditors to assess your creditworthiness. While your credit report does represent a good portion of your credit history, the information is not… Read More