When the time comes to borrow money (buy a car, buy your first home, sign a rental agreement, etc.) you will be offered the best terms and lowest interest rates if your credit score sings like an angel.
And if you ever find yourself in financial stress or better still, looking at an amazing investment opportunity, you may be able to tap into credit from your bank to get you through this.
- Good Credit Hygiene Saves Over $100K On Typical Mortgage
- How to Improve Credit Score in Canada: Tips, Myths & Real Case Studies
- Rebuild Credit Well Before Buying A Home
- You Must Review Your Credit History Before a Mortgage
Ross Taylor is recognized by his peers as one of Canada's pre-eminent difficult mortgage specialists. His ASKROSS blog and column in Canadian Mortgage Trends are focused on the intersection between mortgage financing and personal credit.
With unique dual certification as a licensed credit counselor and mortgage agent, Ross's insights are valued by mortgage professionals and homebuyers alike.
For more information, visit About Ross Taylor.