Loan Payments

Missing payments can hurt your credit score substantially— especially for repeat offenders. As a result, you may find it difficult to finance a vehicle, mortgage a home, or even open a line-of-credit. Regardless how hectic your week becomes, there are a few simple tricks to...

  The types of credit on your account comprise ten percent of your total score, so it’s important to accumulate favourable debt and manage it well. But what constitutes as favourable? Typically, installment debt (auto loan or mortgage) is always better than revolving debt (credit card)....