EmpireOne

Approximately 26 million Canadians currently hold a driver’s license. The majority of people in Canada travel by car on a daily basis for a variety of reasons. They are most likely to receive a parking ticket at some point in their life, given how much time they spend on the road. You could get a […]

In Canada, having a good credit rating or credit score is vital.  Among others, It can make you eligible for a better mortgage and other loans you might want to take in the future. Your credit score is the key to cheaper rates and easier credit card and loan approvals. Perhaps,  your credit rating has […]

You might think once you’re retired, your credit score doesn’t matter, but it does. Life is unpredictable and you never know what might happen and when your credit score might be an issue. It’s always best to watch your outstanding debt and take care of your score.  Here are the top reasons you should care […]

If you have damaged your credit score, you might feel like there’s no bouncing back, but you can learn how to fix bad credit. Your credit score changes often as creditors report the credit to the credit bureaus monthly. This gives you plenty of opportunities to rebuild your credit score. Use these steps if your […]

It is pretty common for your insurance company to check your credit score when applying for car or home insurance in Canada.  Most people know that your credit score is a vital financial metric that can affect your ability to get a loan, rent, and even get a job. However, your insurance company will also […]

It might feel like the right thing to do if your child or a close family member asks you to co-sign their debt. You probably feel obligated because without you they wouldn’t be able to get the loan. But is it worth it and is it safe? Here’s what you must know about co-signing debts. […]

Your credit report should be an accurate reflection of your credit and debt accounts. It should show how well (or not) you paid your accounts, your outstanding balances, and the accurate history of any accounts you’ve had but have since closed. Here’s the bad news. Sometimes credit reports are wrong. Whether it’s a human error […]

Your credit score is one of the most important pieces of your personal financial life. New lenders, credit card companies, employers, and even insurance companies will use your credit score to determine your risk of default. Knowing how a credit score is calculated and how it works is important if you want to take control […]

Your credit is one of the most important metrics of your financial life. When you have bad credit, not only can it be a hurdle to meeting your financial goals, but it can affect other parts of your life.  If you are working to improve your finances, understanding what actions affect your credit and strategies […]

It happens to the best of us – life gets busy or you just can’t make ends meet and you miss a credit card payment or two. The effects of missing even one payment can be detrimental to your personal finances and your credit score, though. Fortunately, there are ways to fix the issue, but […]