Category Archives: Debt

Advice for Improving Your Credit Score

Advice for Improving Your Credit Score

Your credit score is an important part of your financial profile and is something banks and other financial institutions take a look at before agreeing to lend you money. Your score is determined by the two major credit bureaus Equifax and TransUnion by using financial information in your file.

A low score can make life difficult to not only get loans but also to lease a vehicle, qualify for a mortgage, or even get a job (some employers do credit checks before hiring). If you want to know how to improve your credit score while dealing with existing debt, keep reading for some important tips.

Review Your Credit Report Yearly

Once a year, you can directly contact Equifax and TransUnion to get a free copy of your credit report, which will not affect your credit rating. If you want to get your credit score, there is a small fee but if you go through a non-profit credit counselling agency like Credit Canada, they can pull your credit report and credit score for free.

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How to Securely Cancel a Credit Card

How to Securely Cancel a Credit Card

Do you want to cancel your credit card? Afraid it will affect your credit score? In this post, I have shared a few ways to securely cancel your credit card. The decision to cancel a credit card is always welcomed by financial advisors. Most often, people cancel their credit cards either because they have too… Continue Reading

The 5 Best Credit Cards of 2019

The 5 Best Credit Cards of 2019

Are you finally ready to get a credit card? If you feel confident about paying off your credit card bills on time, getting a new credit card in 2019 can be a fantastic deal. You can buy the things you always wanted, travel to exotic destinations and get rewarded in points/miles for doing so. Keep… Continue Reading