Yes, consolidating your credit affects your credit score, but the impact can be positive over time if managed correctly. […]
Does Consolidated Credit Affect Your Credit Score?
How Will Debt Settlement Affect My Credit Score?
If you’re overwhelmed by debt and exploring solutions, you may be wondering: How will debt settlement affect my credit score? The answer depends on how the settlement is done. In Canada, a safe and effective way to settle debt is through a formal, legally binding process called a Consumer Proposal, administered only by a Licensed […]
How Do Different Types of Debt Impact My Credit Score?
Debt isn’t inherently a bad thing—in fact, having a little bit of debt can actually help your financial situation in the future. Most people don’t have the capital to pay for things like a home or a car in a single transaction, so you’ll likely need to take out a loan to help pay for […]
What Are The Variables that Affect Your Credit Score?
There are some basics of credit scores and what they mean. If you’ve had any consumer credit, like a credit card, car loan or personal line of credit, the details are recorded in the credit bureau. This is a quick and efficient way for lenders to see if you are a reliable borrower. The Types […]
