We usually associate zombies with Hallowe'en, but when it comes to old debts they could revive when you least expect it. More and more Canadians are facing record-high levels of debt, due in part to extremely low interest rates. If you've passed the point when budgeting will help you get your finances back on track, chances are zombie debt has caught up with you.
- What is a credit score and how do lenders use them?
A credit score is a three digit number calculated from your data-rich credit report and is one factor used by lenders to determine your creditworthiness for a mortgage or loan. Your score can affect whether or not you are approved, as well as what interest rate you are charged.
Written by
Kam Brar
· Tagged:
bad credit,
credit score,
Expert Advice,
mortgage and credit,
credit history
Aug 02 2019
Credit Challenges Aren't Always Deal Breakers
From Mortgage Emergency To Happy Homeowner
Written by
Katherine Lim
· Tagged:
credit repair,
clients,
credit score,
mortgage and credit,
credit history,
success story,
homeowner
Oct 11 2017
5 Things to Consider When You Have Bad Credit
More than ever, your credit needs to be top-notch to get the best terms, the best rate and the best offers on your mortgage. What does that mean if you have bruised or bad credit?
Written by
Katherine Lim
· Tagged:
bad credit,
credit education,
credit score,
bruised credit,
credit history