Credit Score

Alternate strategies to improve your credit score

Posted by on June 8, 2009 in Credit Score

June 30th is typically the busiest home closing day of the year. For most home buyers, it is also that time of the year where a credit score is thought of since the difference between a good or bad credit score could mean hundreds or thousands more dollars a year in mortgage payments. As the [...]

What the proposed new credit card rules mean to you

Posted by on May 25, 2009 in Credit Score, Investment Information

Canada’s Department of Finance issued proposed new regulations on credit card rules which are aimed towards: (i) targeting certain abuses of the credit card industry; and (ii) providing better transparency for all credit card users. Since the regulations are subject to consultation, they are not final but here are a few proposed changes to be [...]

Improving Your Credit Score- Tips to Increase Your Score

Posted by on May 7, 2007 in Credit Score

If you are visiting my blog through the Canadian Tour of Personal Financial Blogs hosted by Money Diva thanks for visiting. This the second in a two part series about improving your credit score, the first part was posted an hour ago which discussed the basics of how your credit score is arrived at. This [...]

Improving Your Credit Score- How Your Score is Determined

Posted by on May 7, 2007 in Credit Score

Is your financial fate determined by a three digit number? In some senses, it is. A credit score (also known as a FICO or Beacon score) is a three digit number which all lenders will refer to before lending you money. Improving your credit score can result in sufficient cost savings over time. For example, [...]