Tag: lenders

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…

Find out more

2-Dec

Train your Brain! Best Saving Habits to Learn

Train your Brain! Best Saving Habits to Learn

What’s the best way to save money? For starters, don’t ask your friends or family or colleagues. Chances are, they’re asking the same question. When you dig into the stats, the financial outlook for many Canadians isn’t pretty. According to one recent study, more than 32% are nearing retirement without any savings whatsoever. Another study found that 26% of Canadians…

Find out more