6 reasons building your credit score is one of the smartest financial moves you can make

Mohamed Konate


Mohamed Konate is a personal finance expert and blogger with years of experience in the Canadian financial industry. As a former financial services professional at major institutions, he developed a deep understanding of the financial challenges facing everyday Canadians. Passionate about helping others achieve financial success, Mohamed shares his insights and knowledge on this blog. He holds a Bachelor and a Master in Business Administration from universities in Quebec.

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6 reasons building your credit score is one of the smartest financial moves you can make
Published by Mohamed Konate | Updated Feb 04, 2025
6 reasons building your credit score is one of the smartest financial moves you can make
Reading Time: 4 Min Your credit score is one of the most important numbers in your financial portfolio. It can have an impact in multiple areas of your life, yet despite the importance of credit scores, it’s surprising how many Canadians either do not know their credit score, or do not understand how important it is. In fact, in… Continue reading 6 reasons building your credit score is one of the smartest financial moves you can make
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Checking Credit: Soft Check vs Hard Check
Published by Mohamed Konate | Updated Feb 04, 2025
Checking Credit: Soft Check vs Hard Check
Reading Time: 4 Min Part of good financial health is checking your credit report and score. You can improve your score by making sure your credit report is free of errors and you are up to date on your credit and loan payments. Other factors like diversity in types of credit and credit utilization impact your overall credit score.… Continue reading Checking Credit: Soft Check vs Hard Check
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How to Dispute a Credit Report Error
Published by Mohamed Konate | Updated Feb 04, 2025
How to Dispute a Credit Report Error
Reading Time: 4 Min Checking your credit report and ensuring accuracy is an important step for identity theft prevention, financial planning, and security. Your credit score affects your ability to take out loans, credit cards, mortgages, and other credit products. It can even affect some employment opportunities.   To maintain accuracy, you should check your credit report at least… Continue reading How to Dispute a Credit Report Error
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Does Applying for a Credit Card Hurt Your Credit Score?
Published by Mohamed Konate | Updated Feb 04, 2025
Does Applying for a Credit Card Hurt Your Credit Score?
Reading Time: 4 Min Your credit score provides a quick snapshot of your creditworthiness as a borrower. Lenders use your credit score and report to assess how likely you are to repay future debts. From there, a lender will determine whether they will extend new credit to you, such as a credit card. Naturally, this means your credit score… Continue reading Does Applying for a Credit Card Hurt Your Credit Score?
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How to Get a US Credit Card in Canada
Published by Mohamed Konate | Updated Nov 24, 2023
How to Get a US Credit Card in Canada
Reading Time: 3 Min As a Canadian consumer, you may be aware of the remarkable benefits offered by US credit cards. Let’s delve into the details of how to get a US credit card in Canada. Why Should Canadians Consider US Credit Cards? The US credit card market is incredibly lucrative, offering remarkable advantages to cardholders. These perks range… Continue reading How to Get a US Credit Card in Canada
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The Mortgage Stress Test
Published by Mohamed Konate | Updated May 15, 2025
The Mortgage Stress Test
Reading Time: 7 Min Buying a home is a long-cherished dream of many Canadians. However, the process is not easy, especially with a limited income. You will have to look at all the options and related risks involved to make a safe decision. One of the things you need to know is the mortgage stress test.
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