Here are eight tangible steps you can take to improve your credit score. Your credit score directly impacts your ability to get approved for financing, including credit cards, loans, and mortgages.
The Borrowell Team
Feb 04, 2021
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Lack of awareness means Canadians are lagging in fintech | Globe and Mail
Administrator
Jan 31, 2016 • 1 min read
CLARE O’HARA, Weatlh Management Reporter, Globe and Mail
The uptake of financial technology services among Canadians is lagging, mainly due to a lack of consumer awareness of the alternative options available in the market. www.theglobeandmail.com/globe-investor/investment-ideas/lack-of-awareness-means-canadians-are-lagging-in-fintech/article28474152/
Borrowell is dedicated to making financial stability possible for everyone. With over 3 million members, the company offers free credit scores in Canada, education, weekly credit monitoring, credit building solutions, as well as digital tools like AI-powered credit coaching and personalized financial product recommendations. For more information, visit borrowell.com or download the mobile app for Android or iOS.
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With all the different credit options available in Canada, it’s important to understand the differences between each one so that you can find the right product for your needs. Credit can be useful to help you establish a history and finance purchases, but should be used mindfully.
In this Borrowing 101 article, we’ll give you an overview of personal loans and lines of credit to help you understand how they work, when to use them, and what to be careful of in order to protect your credit score.
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