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How to Read Your Free Credit Report in Canada (2025 Guide)

How to Read Your Free Credit Report in Canada (2025 Guide)

Your credit report is like your financial report card. Here’s how to get it — and what to look for. Step 1: Request Your Report In Canada, you can get your credit report for free: * Equifax: equifax.ca * TransUnion: transunion.ca You’re entitled to one free report per bureau

The Truth About Hard vs Soft Inquiries

The Truth About Hard vs Soft Inquiries

Not all credit checks are created equal. Some impact your score, while others don’t. Let’s clear up the confusion. What Is a Hard Inquiry? A hard inquiry happens when a lender checks your credit because you applied for something new, like: * A credit card * A car loan * A

5 Simple Steps to Start Building Credit from Scratch

5 Simple Steps to Start Building Credit from Scratch

Starting with no credit history can feel intimidating — but building credit in Canada is easier than you think. Here are 5 proven steps to get started. 1. Open a Starter Credit Card Look for a secured card or a student card. With a secured card, you deposit money (like $500)

What Is a Credit Score and Why Does It Matter in Canada?

What Is a Credit Score and Why Does It Matter in Canada?

Your credit score is more than just a number. It’s a snapshot of your financial health — and in Canada, it plays a huge role in everything from getting a mortgage to signing up for a cell phone plan. What Is a Credit Score? A credit score is a three-digit

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