The Well

best rewards credit cards of 2018

The Best Rewards Credit Cards Of 2018 In Canada

Looking to learn about the best rewards credit cards in Canada? Rewards cards are a very popular type of credit card because let’s face it – we all love earning rewards! If you’re going to spend on everyday purchases anyway,… Read More

Barry Choi

November 20, 2018

Credit Cards,Blog
reverse mortgage

What Is A Reverse Mortgage?

Guest written by HomeEquity Bank You may already have a good sense of what a traditional mortgage involves: you take a loan for a property you’d like to purchase from a bank or other lending institution and agree to repay… Read More

HomeEquity Bank

November 14, 2018

Blog,Mortgages
improve your credit score

Data Says Checking Your Credit Score May Help You Improve It

A new study from Borrowell found a connection between checking your credit score and improving it. This is how you can improve your credit score. The study found that our most engaged members increased their credit score by an average… Read More

Rachel Surman

November 8, 2018

Blog

What Does My Credit Score Need To Be To Get A Mortgage In Canada?

Buying a home is one of the most important (and expensive) decisions that you’ll ever make in your life. If you’ve decided to take the leap into homeownership, congratulations! Depending on where you live, it may be a tough process,… Read More

Barry Choi

November 6, 2018

Blog,Mortgages
good credit

Credit Monitoring And Good Credit Go Together Like PB +J

Monitoring your credit score and having good credit is kind of like enjoying a delicious peanut butter and jam sandwich. Peanut butter packs a whole lot of goodness into just a tiny little spoonful and the same goes for checking… Read More

Rachel Surman

November 3, 2018

Blog
good credit

Borrowell Study Finds Credit Monitoring And Good Credit Behaviour Go Together

Borrowell, Canada’s leading credit education and financial product recommendation platform, found a correlation between credit score monitoring and credit score improvement over time in a previous study. But we dug deeper into the data and discovered a relationship between credit… Read More

Sol Sun

November 1, 2018

Studies
difference between mortgage term and mortgage amortization

What’s The Difference Between Mortgage Term And Mortgage Amortization?

When you’re a home buyer or home seller, it’s important to know your mortgage lingo! While you don’t have to be able to calculate mortgage payments in your head, it helps to have a basic understanding of how mortgages work.… Read More

Sean Cooper

October 30, 2018

Blog,Mortgages
Bank of Canada Hikes Rate

Bank Of Canada Hikes Rate: How Does This Affect Borrowers?

This guest post is written by Penelope Graham of Zoocasa. In what is great news for the economy – but not so much for borrowers – the Bank of Canada (BoC) has opted to hike its trend-setting Overnight Lending Rate, a… Read More

Penelope Graham

October 24, 2018

Blog,News
the importance of on time payments

The Importance Of On-Time Payments

You may have heard that making on-time payments is the key to having a good credit score. But just how important is it to make your payments on time? The importance of on-time payments Making payments on time, also known as… Read More

Robert Palumbo

October 18, 2018

Blog,Credit Score Education Centre
refinancing a loan

Does Refinancing A Loan Affect My Credit Score?

Personal loans are useful when making large purchases like a new home or car. Like many purchases, it’s possible for a loan to become less suited to your needs as better options become available. Whether your credit score was less… Read More

Daniel Teo

October 15, 2018

Credit Building Centre,Blog