Tags » Credit Crisis

Why your credit score matters

And how to improve it

Despite holding multiple credit products (like credit cards or lines of credit) many Canadians don’t understand how debt and their behaviour around it affects their credit score in the eyes of the credit bureau—or why it’s important; on top of that, 47% of Canadians don’t know where to check their credit score. 780 more words

Pros and Cons of Joint Credit Cards

When two people have a joint credit card account, both people can make charges to the credit card and the card’s history is included on both people’s credit report. 554 more words

When your mortgage is more than you can handle

On paper, you could afford your mortgage. Your lender even approved the paperwork. But now that you’re settled in your home, maybe you’ve incurred some unplanned-for monthly expenses, such as higher-than-planned utility bills, property taxes that have risen (as they tend to do), or increased insurance premiums, and find that you’re unable to make your mortgage payments. 1,018 more words

Nearly half of homeowners unprepared for job loss or other emergency

An emergency fund is meant to be there in times of need, but a new survey suggests nearly half of Canadian homeowners would be ill prepared for a personal financial dilemma such as job loss. 473 more words

Why Trump? Why Brexit? Capital Myopia and Inequality in Society

There are three types of inequality in society, one is the natural way some people are able to engage in economic and highly productive activity more than others, the second is the distribution of ownership – those who own more by inheritance or gross fortuity, and the other is how some people are exploited and get less than they ‘deserve’. 2,693 more words

Nine steps to a better credit score

My husband and I are pretty competitive, always trying to one-up each other.

It was to my chagrin, therefore, when I learned that although my credit score is excellent, his is better. 775 more words