"It is hugely important. It is a key indicator on how well somebody manages their money. And it's the number one deciding factor and actually how much interest you're going to pay, whether it's in financing a home or buying a car or even getting a credit card," mortgage broker Mary Sialtsis told CTV's Your Morning on Wednesday.
Setting up auto-pay for your credit card can be a good way that you never miss any of those monthly payments, Sialtsis recommends. Sialtsis says it's a good idea to stay within 50 per cent of your credit card limit or lower, if possible, and avoid closing your old credit accounts, even if you no longer use them.
Don't worry, a social credit score is coming soon which you will really want to manage!
High credit score has done nothing for me. What has done stuff for me is not keeping any money in the bank, buying assets that appreciate, crypto and metals.
Credit scores are over rated. You don’t need a credit score to buy a house or car. Heck, you don’t even need credit cards. DaveRamsey RachelCruze creditcards creditscore
Don't mean anything. My score is sky high, and it hasn't changed anything. Even people that have a low score can build, but all pointless.
Yet Trudeaus advice is use your credit card.
Your dammed 'experts' always have a vested interest in people believing them!
Filghy rich banks Credit charges are highway robbery! Keep going up even when bank interest rates went to below 1%!!!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swiss lawmakers pick apart Credit Suisse woes ahead of dealSwitzerland's parliament is opening a special session Tuesday to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS -- and possibly considering strengthening the legal arsenal to better gird against financial blowups.
Source: CTVNews - 🏆 1. / 99 Read more »
Credit Suisse pays back some emergency liquidity, central bank data suggestsIn recent weeks sight deposits have soared as Credit Suisse received emergency liquidity infusions to head off a bank run as nervous customers pulled out their cash
Source: globeandmail - 🏆 5. / 92 Read more »
Swiss parliament’s upper house approves Credit Suisse rescue after heated debateSwitzerland’s upper house of parliament voted on Tuesday to retrospectively approve 109 billion Swiss francs (US$120.5 billion) in financial guarantees used to rescue Credit Suisse after a heated debate.
Source: globeandmail - 🏆 5. / 92 Read more »
Credit Suisse, SEC letters show months-long reporting errors debateCorrespondence published in the SEC’s online database on Tuesday show that agency staff first raised questions with Credit Suisse officials in July 2022 why do you think UBS didn’t want to touch CS
Source: globeandmail - 🏆 5. / 92 Read more »
Should you fight an eviction (and can it hurt your credit)?Arriving home to a notice to vacate on your front door can be devastating, to say the least. Personal finance contributor Christopher Liew shares some instances when you should consider fighting an eviction and explains how an eviction could affect your credit rating. If you are being evicted your credit already sucks!
Source: CTVNews - 🏆 1. / 99 Read more »
Some of your tax credit payments might be delayed, CRA warns. Here’s why - National | Globalnews.caA 'technical issue' at the Canada Revenue Agency is resulting in delays to some payouts of the GST/HST credit and Ontario Trillium Benefit. Useless government pampered workers. The private sector would throw you out. Cuz they spent all of our money and they are waiting for the next loan to come in? 🤔 when you owe CRA and are late on payments, they apply a compounding interest onto your bill.... will all canadians that are affected be compensated for this late payment by CRA?
Source: GlobalNational - 🏆 81. / 51 Read more »