How Does Credit Card Interest Work in Canada?
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Published by Mohamed Konate | Updated Nov 24, 2023
How Does Credit Card Interest Work in Canada?
Reading Time: 2 Min Credit Card Interest Rates Explained A credit card is a great financial tool that comes with a lot of features and benefits. The interest rate is by far the most important component of a credit card since it has a big impact on your borrowing cost when you carry a balance. Improving your knowledge… Continue reading How Does Credit Card Interest Work in Canada?
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Published by Mohamed Konate | Updated Nov 24, 2023
What Should I Do If I Lost My Visa?
Reading Time: 2 Min You can’t find your Visa anywhere. You were sure it was in your wallet, but it’snot there. You check at your computer desk, in your car and even call the lastplace you used it to see if you left it there. No luck — your Visa is lost. Theworst fear about a lost Visa… Continue reading What Should I Do If I Lost My Visa?
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Published by Mohamed Konate | Updated Nov 24, 2023
How Many Credit Cards Should You Have?
Reading Time: 4 Min The average number of credit cards a Canadian has is 2.4 per person. This statistic suggests that most Canadians have more than two credit cards, or at least one. It would be easy to tell you the magic number of credit cards which will best serve you, but the truth is, it’s impossible to… Continue reading How Many Credit Cards Should You Have?
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Published by Mohamed Konate | Updated Nov 24, 2023
Credit Card Debt Tips
Reading Time: 4 Min Are you planning on getting a credit card? Do you own a credit card already and just want to avoid debt? Every credit card owner is at the risk of debt. Too much debt on a credit card can take years to pay off. If you are a new credit card owner, or if… Continue reading Credit Card Debt Tips
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Published by Mohamed Konate | Updated Nov 24, 2023
How to Increase Your Credit Card Limit
Reading Time: 4 Min A credit limit increase on your credit card can give you extra financial freedom. It can improve your credit score too by decreasing your total credit utilization ratio. On the contrary, it can be intimidating to increase your credit limit if you already struggle managing your finances. When you are considering getting a credit increase,… Continue reading How to Increase Your Credit Card Limit
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Published by Mohamed Konate | Updated Nov 24, 2023
Credit Scores: Is Carrying a Balance Good or Bad?
Reading Time: 4 Min There is a common misconception that carrying a balance on credit cards improves your credit score. The truth is credit history improves your credit score. This can be confusing and can read contradictory, which results in credit card users holding some amount of debt. Any time you use a credit card and make payments, you… Continue reading Credit Scores: Is Carrying a Balance Good or Bad?
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