Category: Credit Score

How to Deal With Credit Card Debt

  • July 31, 2025

We love our credit cards in Canada. They are convenient, offer access to immediate funds, and may give reward and loyalty options. Canadians have on average 2.4 credit cards per person, and the average monthly credit card debt is $ $4,681, as of the

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Rebuilding Your Credit After Bankruptcy

  • April 22, 2020

 Here’s what you need to know about rebuilding your credit after bankruptcy. First things first. Your most pressing question may be.... How long does bankruptcy last? The good news is, you might be eligible for discharge from bankruptcy

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Bankruptcy on Credit Report: Will It Ruin My Future Loan Applications?

  • October 4, 2017

If you are a hard working Manitoban struggling to make ends meet every month as your debt only grows -- you’re not alone. Last year, over 125,000 Canadians filed for insolvency. But before you make the decision to file for personal bankruptcy, y

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Fact or Fiction: How Bankruptcy Affects Credit Score

  • January 25, 2017

How does bankruptcy affect your credit? Beyond asset loss, the biggest fear most Canadians have about filing personal bankruptcy is what it will do to their credit rating. Let’s take a moment to separate the fact from the fiction when it comes t

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The Truth About Your Credit Score in Canada

  • December 12, 2016

You are overwhelmed by your debt. You feel like you are robbing Peter to pay Paul. You do everything you can to scrape up enough money to make your minimum credit card payments on time. The last thing you need now is to miss a payment, and start lowe

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