What Affects a Credit Score in Canada?

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What Affects a Credit Score in Canada? – This is a place for the community to provide tips and advice on What Affects a Credit Score in Canada?. This topic was created by Christopher Kirk and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What affects my credit score?

Published: 9 years, 4 month(s) ago | Submitted by Marcos Moyano | permalink

Credit-reporting agencies look at many factors and use a mathematical formula to figure out your credit score.

For further reading: http://settlement.org/ontario/daily-life/personal-finance/credit-and-debt/what-affects-my-credit-score/ ^[1]

Tip 2 - Nine steps to a better credit score

Published: 9 years, 4 month(s) ago | Submitted by GUNIT 4life | permalink

Protecting and improving your rating is about more than simply paying your bills on time
Tags: personal finance tips credit card score fico canada ideas advice improve better shopping borrowing money household spending

For further reading: http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/nine-steps-to-a-better-credit-score/article560880/ ^[2]

Tip 3 - What affects your credit rating and how can you improve it?

Published: 9 years, 4 month(s) ago | Submitted by Rocco Maggiotto | permalink

Here's everything you should know about your credit rating — including what goes into determining your score to how you can make it better.
Tags: Credit Rating, Credit Score, Equifax, Equifax Canada, Personal Finance, personal finances, Real Estate, Smart Money, Consumer, Lifestyle, Money

For further reading: http://globalnews.ca/news/1858868/what-affects-your-credit-rating-and-how-you-can-improve-it/ ^[3]