While they may not be top of mind, our credit ratings are a key part of our finances. They act as a snapshot of a … Read More
Understanding R4 Credit Ratings: What You Need to Know
Credit ratings play a fundamental role in personal finance. Why? Because they are an indicator of our creditworthiness. These ratings influence loan approvals and affect … Read More
Understanding R3 Credit Ratings: What You Need to Know
Lenders view our financial reliability through the lens of a credit rating. This is because our rating determines creditworthiness. An R3, for example, may indicate … Read More
Understanding R2 Credit Ratings: What You Need to Know
Credit ratings in Canada play a crucial role in determining your creditworthiness. They affect many aspects from loan approvals to interest rates on mortgages. Given … Read More
Understanding R1 Credit Ratings: What You Need to Know
Is your credit rating something you check frequently, like your bank balance? It’s not for me. If you are similar to most Canadians, then it … Read More
Understanding R0 Credit Ratings: What You Need to Know
Do you think about your credit rating daily? No? Me neither! Though we may not think about it often, it doesn’t mean our credit rating … Read More
Debt Consolidation or Consumer Proposal: What Should You Choose to Alleviate Debt?
Handling high amounts of debt is never a fun thing, especially when one has to work hard to pay many loans, credit cards or even … Read More
Debt Consolidation vs Consumer Proposal in Canada: What’s Best?
Debt is a reality many Canadians live with. The household debt-to-income ratios have continued to soar. The household debt-to-income ratio reached 184.5% in early 2023, meaning Canadians … Read More
How to Improve Your Canadian Credit Score – 10 Tips To Follow Immediately
Your credit score is a critical factor that determines whether you qualify for a mortgage, auto loan, line of credit, or other lending vehicles. And … Read More
Money Mentors – Best Choice in Alberta for Debt Relief? Read Our 2025 Review…
Dealing with debt can feel overwhelming, but organizations like Money Mentors offer much-needed relief, especially for residents of Alberta. Founded in 1997, Money Mentors is … Read More
