Credit report errors are common but can be quickly resolved by disputing with creditors or credit report agencies directly using these tips.
Struggling with student debt in Canada? As of November 1st, 2016, you can delay repayment till you earn C$25,000 per year according to the updated Repayment Assistance Plan revealed by the Canadian Government.
Save money in an Emergency Fund to meet unexpected expenses instead of relying on debt from credit cards and banks.
Debt via banks and credit cards should be your last resort. Consider these 4 alternative sources for cheap credit, i.e. affordable debt, that will not damage your credit score as much.
A bad credit score can hamper your goals in life by limiting access to cheap credit. Regularly paying your utility bills and responsibly using credit cards can gradually improve your credit rating.
There is no such thing as good debt. Instead, home loans and student loans can be labelled ‘low risk’ compared to short term consumer debt, which is “high risk’, in order to properly portray the reality of financial debt.
If your credit card company refuses to reduce the interest rate they charge you on your credit card debt, you can consider moving your high-interest debt over to a 0% interest balance transfer credit card.