Tag: credit score impact

  • Is Bree Worth Canadians Trying or Not? An Honest Review

    Is Bree Worth Canadians Trying or Not? An Honest Review

    When it comes to managing personal finances, finding the right tool can make all the difference. Bree, available at trybree.com, is a user-friendly platform designed to help you keep track of your spending and access micro loans effortlessly. Here’s a deeper dive into why Bree might become your go-to financial companion. Intuitive Insights Feature One… Read more

  • Credit Utilization in Canada: FAQs and Best Practices

    Credit Utilization in Canada: FAQs and Best Practices

    Credit utilization is a key factor in your credit score. Here are FAQs and best practices for managing credit utilization in Canada: 1. What is credit utilization? Credit utilization is the ratio of your current credit card balances to your credit limits. It measures how much of your available credit you are using. 2. Why… Read more

  • How Credit Inquiries Affect Canadians: Frequently Asked Questions

    How Credit Inquiries Affect Canadians: Frequently Asked Questions

    Credit inquiries are a common part of the credit process. Here are FAQs about how credit inquiries affect Canadians: 1. What is a credit inquiry? A credit inquiry is a request to view your credit report. There are two types: “soft inquiries” and “hard inquiries.” 2. What is a soft inquiry? A soft inquiry occurs… Read more

  • Understanding Credit Scores: Everything You Need to Know to Improve Your Financial Health

    Understanding Credit Scores: Everything You Need to Know to Improve Your Financial Health

    In today’s financial landscape, your credit score plays a crucial role in determining your access to loans, credit cards, and even housing. Understanding what goes into your credit score can empower you to make informed decisions that positively impact your financial future. Let’s delve into the key components of credit scores and how you can… Read more