All Questions
Tagged with canada credit-score
23
questions
3
votes
1
answer
568
views
How do I update my address with Transunion and Equifax and what are they?
I recently applied for a credit card with a bank I had never done business with before. One day I got a confusing call from them. From what I understood Equifax and Transunion have an old address on ...
- 264
26
votes
6
answers
10k
views
Why would a home insurer offer a discount based on credit score?
Recently I received a letter from my home insurance company:
Thank you for being a Gore Mutual customer.
We're working hard to ensure that our products are competitive. And we want to provide ...
- 1,713
2
votes
1
answer
120
views
Does it make sense to open a lot of no-fee credit cards to reduce credit utilization?
Within a week of starting to my new job, I am planning to open a lot of (5, maybe more) no-fee credit cards in order to lower my credit utilization. I am not planning to use any of these new cards at ...
- 21
48
votes
12
answers
12k
views
How can sister protect herself from impulse purchases with a credit card?
My little sister is 18, and currently has a bank account with a debit card. She and mom believe it might be time to get her a credit card, mostly to build up her credit rating than out of necessity.
...
- 463
19
votes
4
answers
5k
views
How does holding onto an active but un-used credit card affect your ability to get a loan?
I was debating with my friend about my old credit card.
His view is that holding onto an unused credit card is bad for my credit b/c it will count as potential money I can borrow in an instant and ...
- 415
0
votes
1
answer
183
views
Credit Utilization and Score. Early re-payment
I feel like this may result in the same unanswered question but I'm gonna ask it anyway just in case we can get a definitive answer.
Does paying off your credit card (before a statement is generated) ...
- 101
1
vote
0
answers
70
views
Does business credit score transfer over when you incorporate from a sole proprietorship?
I have a newly registered sole-proprietorship in Canada that I am trying to build credit for. If later down the line I decide to incorporate my business, will the business credit score from my sole-...
- 133
2
votes
1
answer
640
views
Does increasing credit limit on corporate card affect personal credit score?
An individual has a corporate credit card under their own name where the company reimburses them for expenses into their personal bank account. Corporate credit card bills are paid by the individual's ...
- 247
0
votes
4
answers
267
views
How to approach building credit without a credit card
I am a recent college graduate and I've just landed a full time, good paying consulting job. I am 18 years of age and I would like to purchase a duplex(or some type of rental property) property in ...
- 25
1
vote
1
answer
133
views
How does credit rating work in Canada?
I would like to understand how to model to evaluate if credit score is different in Canada from the USA.
I just finished paying some debt on a 0% credit card and I have no more use of this card (and ...
- 171
4
votes
1
answer
864
views
Can an unpaid parking ticket affect a credit score?
Can a parking ticket from a PRIVATE parking company affect my credit score?
I was falsely ticketed and tried to fight it but the company is being a peanut and sent it to collections.
If I continue ...
- 191
3
votes
3
answers
1k
views
Why does my 1.5 years old credit card not appear on my credit report?
I tried to buy my credit score on Equifax but it wouldn't let me buy it but told me I can purchase a report for $15 instead of the $25 one required for my rental application. So in the $15 one it was ...
- 361
6
votes
1
answer
1k
views
Who are the consumer credit reporting agencies in Canada?
I'm trying to determine what credit freeze and reporting options are available in Canada. In the United States it seems freezing your credit requires contacting all of the credit bureaus. I have not,...
- 461
2
votes
3
answers
359
views
How can a Canadian establish US credit score
I don't have a SSN or US address.
I would like to start establishing a credit score in US. What are my options? What is the fastest way?
- 121
2
votes
0
answers
166
views
How soon (after your first credit card statement ever) do you get a credit file/history in Canada?
How many days after your first credit card statement EVER does one get a credit report on file with one of the two Canadian bureaus? I'm trying to develop Canadian credit on my first credit card and I ...
- 361