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
Buying a House in Canada With Bad Credit in 2020
Your credit is a tool that you can use to gain access to a variety of financial benefits. In fact, having a high credit score can get you some of the best interest rates on a lot of credit products, such as credit cards, car loans, and of… Read More
How to Improve Your Credit Score in 2020
Every year, people across the country discover just how valuable the health of their credit score is. Not only can good credit help you gain access to the financial tools and products that you need, but it can also get you reasonable interest rates. In fact, many major banks and… Read More
Is Paying a Credit Card Annual Fee Worth It?
If you’re looking to pay off your regular expenses and strengthen your credit in the process, consistent use of one or more credit cards is a great way of doing it, as long as you can handle whatever monthly bills come your way. Furthermore, most credit card companies offer different… Read More
What is Credit Fraud Alert?
Unknown charges on your bank statements? New phone bills you’ve never applied for? Unfamiliar charges on your credit report? These are telltale warning signs of Identity theft: a very terrifying but very real problem we face in our ever-growing technology bound world. No one is spared when it comes… Read More
What is a Credit Report Public Record?
If you have ever taken a look at your full credit report, you will notice there is a section dedicated to public records. Public records consist of information that is on file with the government at all levels. They are accessible to everyone in the general public, hence the name… Read More
Bill-134, Higher Minimum Payments and Increased Emphasis on Debt-to-Income Ratios
As a consumer, you deserve the right to know exactly what you’re agreeing to when you sign a contract with a lender or merchant. After all, it’s your hard-earned money that we’re talking about, and when you make a decision to make a large purchase or take out a loan,… Read More
Debt Repayment Habits That Can Help Rebuild Your Credit
For this blog, we’ve teamed up with our partners at Fairstone The money management and spending habits that can get us into debt can also hurt our credit score. But luckily, there are some simple debt repayment habits that can help you pay off your debt and rebuild your credit… Read More
Credit Solutions For Canadians
Credit is helpful for many things as it can help you achieve your life and financial goals. However, taking out debt can be a slippery slope if you’re not careful. At Loans Canada, we believe that no credit problem is too big or too small to consider and fix. Furthermore,… Read More