Tag

credit report
_buy a home completed consumer proposal 700450X THUMBNAIL
After a consumer proposal has been fully paid, many think about buying a home. If already homeowners, they may be concerned about their upcoming mortgage renewal, or wonder whether a mortgage refinance is now possible. The question all have is how long do they need to wait after the consumer proposal is finished.
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_completed consumer proposal 700450X THUMBNAIL (3)
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that numerous mistakes on their credit report are doing serious harm to their credit score.
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Rebuilding Credit After a Consumer Proposal or Bankrupcy
Published: • There is no question after you file a consumer proposal or personal bankruptcy, your credit score is going to take a beating. Credit scores range from as low as 300 to 900, with most Canadians in the 600’s and 700’s. After you file a consumer proposal, expect your score to drop into the...
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improve credit in canada fast
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than expected. Frequently errors, or reported items negatively affect your score, but these can be quickly fixed. A couple of case studies show how.
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When You Co-sign, The Borrower Now Controls Your Credit History
Published: • Co-signing Someone Else’s Mortgage Leaves You Vulnerable To Potential Credit Problems I met a couple recently who want to refinance their house to pay off some debts. Their home is worth $900,000 and their current mortgage is $450,000, so with lots of equity to play with you would think this will be really...
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review credit history 700450X THUMBNAIL
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if sellers didn't generously extend the deadline. With only 5 days to waive the financing condition, there's no time for credit report surprises.
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7 Secrets About Credit 700x450X THUMBNAIL
Published:   •  Important tips about your personal credit history 1. Your credit score changes all the time You can check your own credit score at either Equifax or Trans Union’s website. The report will remain available to you online for a month – but remember, it is changing all the time, as new information...
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Rebuild Credit Score 700x450X THUMBNAIL
Published:   •  William Asks: I’m Paying Off a Consumer Proposal. Was It a Mistake To Stop Using My Secured Credit Card? I am currently paying off a consumer proposal. My situation is, after filing for a proposal I got a secured BMO MasterCard. I used that card for about one year into the CP....
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Credit Cards Can be Cheaper Than a Line of Credit 700x450X THUMBNAIL
Zero-interest promotional offers by credit card issuers can offer a very attractive alternative to an unsecured personal line of credit (PLC), but you have to be careful and disciplined if you use this strategy to lower interest costs.
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Can He Remove a Derogatory Item From His Credit Report_ 700x450X THUMBNAIL
Consumers ask "What does it take to get negative items removed from your credit report?".
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Ellen Roseman’s Fight Back – All about everyday ways that life will cost you and what you can do about it Just released last month, Ellen’s new book Fight Back – 81 ways to help you save money is flying off bookstore shelves. Lots of practical advice to save money and win those battles we...
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If I ask for a pre-approval, will it reduce my credit score? Dear Ross, we are looking around for our first home, and we want to know how much mortgage we will qualify for. If we ask for a pre-approval, will you have to check our credit history? Is that a ‘hard inquiry’, and will...
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Best Prepaid Card in Canada 700x450X THUMBNAIL
If you are trying to build or rebuild credit, there is a big difference between a prepaid credit card and a secured credit card. We discuss why a secured credit card is better, and which one is the best deal.
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