Understanding Your Credit Report

Article courtesy of Genworth Canada.   A credit report is a history of how consistently you pay your financial obligations. It is created when you first borrow money or apply for credit and is built over time. The companies that lend or collect money or issue credit cards (banks, finance companies, credit unions, retailers, etc.) send… Continue reading Understanding Your Credit Report

A Closer Look at Credit Reports

If you want to purchase a house and need a mortgage, someone is going to have to pull a credit report at some point along the way.  A credit report outlines credit history and ultimately, credit worthiness.  Credit-reporting agencies are governed under The Consumer Reporting Act, and anyone who pulls a credit report needs to… Continue reading A Closer Look at Credit Reports