Tag: credit card

16-Dec

So How Do Late Payments Actually Affect Your Credit Score?

So How Do Late Payments Actually Affect Your Credit Score?

All it takes is one late credit card or loan payment to cause a serious hit to your credit scores. This is because your payment history is typically the most important factor used to calculate your credit scores, so it’s important to minimize late payments — or, if possible, completely eliminate them — in order to maintain healthy credit. What qualifies…

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27-Nov

The 50-20-30 Rule: Budgeting Tips For Canadians

The 50-20-30 Rule: Budgeting Tips For Canadians

The 50/20/30 budget is a proportional “how-to” that can help you stay-the-course with your financial goals. The internet isn’t short on “budgeting tips”, but what sounds good and what works can be totally different things. Having a balanced budget is something that sounds great in theory, but unless we’ve been given the proper budgeting tools, we can take years learning it…

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