Recent surveys show a growing number of Canadians carry holiday-related debt into the new year and feel more financial pressure because of it. In this article, we’ll explain…
Read more Holiday debt hangover: How to get your finances back on track1. Review your credit report for errors It’s important to review your credit report and score at least once a year, especially when you’re trying to improve it.…
Read more How to fix bad credit history in Canada: 3 steps to boost your score – MoneySenseSome BNPL providers report your payment history to credit bureaus, which can positively affect your credit score if you make the payments on time. In addition, many BNPL…
Read more Comparing buy now, pay later programs: Are installment plans a budget win or finance fail? – MoneySenseIf you’re struggling to make your minimum credit card payments, you’re not alone. Unexpected emergencies can sometimes leave us short on funds to make the minimum payment on…
Read more What happens if I don’t pay my credit card bills? – MoneySenseShould I get a joint credit card with my partner? While your partner’s credit score won’t directly impact your credit score, joint accounts or adding the other as…
Read more Couples and credit scores: How your partner’s credit can affect yours – MoneySenseTo close a credit card, the balance is $0. If there’s a substantial balance on the remaining cards, it’s going to increase the credit utilization ratio. And, if…
Read more What does opening or cancelling a credit card do to my credit score? – MoneySenseSome companies claim they can repair your credit and solve your debt problems quickly. However, you can only rebuild credit and there’s no quick fix to do so.…
Read more The risks of credit repair companies in Canada – MoneySense
