Why a Secured Credit Card? A secured credit card is a good choice for someone who needs to establish or reestablish credit. To get a mortgage you need to have established credit. When you have a credit card, the credit card company reports your credit repayment history to the credit bureaus which creates your credit [...]
Do you know the difference? Many people don’t and actually can lose plenty of valuable time rebuilding their credit by choosing the wrong type of credit cards. So which one is the right choice? Depends on your goal, but if you are looking to rebuild your credit, stick to the secured credit card. Looking to [...]
Our relationship with money is partly ingrained in our emotional DNA. So when you feel angry, frustration or shame about your relationship with money, it often comes from our parents. So if they had a fraught relationship with money, chances are you will too; whether it’s taking on too much debt or not taking care [...]
So what is a consumer proposal anyways? A consumer proposal is a Canadian court-approved program through which your outstanding debts are renegotiated with lenders by a third party. Though a consumer proposal will help immediate financial problems by lowering monthly payments and reducing debt, it will hurt your credit score. A consumer proposal will stay on your credit [...]
So, think you know everything there is to know about credit cards? Maybe you do, maybe you don’t. In this post, we cover some of the basic definitions pertaining to credit cards that if you don’t already know, you should. So what are the different types of credit cards? Yes, there are different [...]
Real Estate News, Tips and Strategies
Ads
