How Can A Secured Credit Card Help Improve Credit Scores?

Mohamed Konate


Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook. Read his full author bio

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How Can A Secured Credit Card Help Improve Credit Scores?
Published by Mohamed Konate | Feb 26, 2024
How Can A Secured Credit Card Help Improve Credit Scores?
Reading Time: 4 Min Secured credit cards are often used to build good credit from scratch. If you have a non-existent credit history or a low credit score, these tools can be life-changing. But how exactly do they work, and how do you get one?  In this article, we explore the ins and outs of secured credit cards and… Continue reading How Can A Secured Credit Card Help Improve Credit Scores?
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How Much To Keep In A Chequing Account
Published by Mohamed Konate | Feb 26, 2024
How Much To Keep In A Chequing Account
Reading Time: 3 Min A chequing account often plays a crucial role in managing your finances. It acts as an everyday account, allowing you to deposit your income and access your money immediately. But have you ever wondered how much money you should keep in your chequing account? The answer will depend on your income, emergency funds, and daily… Continue reading How Much To Keep In A Chequing Account
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How Many Chequing Accounts Can You Have?
Published by Mohamed Konate | Updated Apr 03, 2024
How Many Chequing Accounts Can You Have?
Reading Time: 4 Min You may have found yourself wondering how many chequing accounts you can have. The good news is that there are no limits or restrictions on how many chequing accounts you can open.  Opening several chequing accounts can have several benefits, such as accessing more rewards, or separating your business and personal finances. Whatever your reasons,… Continue reading How Many Chequing Accounts Can You Have?
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How to Open a Cheque Account
Published by Mohamed Konate | Feb 26, 2024
How to Open a Cheque Account
Reading Time: 8 Min ‍Navigating the Process: A Step-by-Step Guide on How to Open a Cheque Account Are you looking to open a cheque account but need help knowing where to start? Look not in the same way! In this article, we can walk you through creating a check account grade by grade. We have all the documents you… Continue reading How to Open a Cheque Account
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What Is The 50-30-20 Budget Rule?
Published by Mohamed Konate | Feb 26, 2024
What Is The 50-30-20 Budget Rule?
Reading Time: 4 Min The 50-30-20 budget is a popular budget format to allocate your after-tax income to resources for needs, wants, and savings/debt repayment. In this article, we outline the basics of a 50-30-20 budget and explore how to set it up to manage your finances effectively.  If you’re ready to take your finances to the next level… Continue reading What Is The 50-30-20 Budget Rule?
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How To Start Budgeting – A Beginner’s Guide
Published by Mohamed Konate | Updated Feb 26, 2024
How To Start Budgeting – A Beginner’s Guide
Reading Time: 5 Min Budgeting is a powerful tool to help you take control of your finances and make smarter decisions with your money. It allows you to allocate your money to specific categories, goals, and savings, and if used correctly, a budget can help you achieve long-term financial stability.  This article will walk you through the steps to… Continue reading How To Start Budgeting – A Beginner’s Guide
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