https://padlet.com/acorn996/creditratingcanada Money Matters en-us 2018-03-09 03:04:59 UTC 2023-03-24 06:03:14 UTC hello@padlet.com acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240000041 By Alex Acorn]]> 2018-03-09 03:08:51 UTC https://padlet.com/acorn996/creditratingcanada/wish/240000041 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240481398 Welcome to my padlet about consumer credit rating in Canada. In this padlet, you will find a number of videos, websites, and images that touch base on numerous credit score related topics. You will be able to learn what exactly goes into your credit score, tips on how to improve your credit score, what is considered to be good credit, and much more. ]]> 2018-03-10 18:31:32 UTC https://padlet.com/acorn996/creditratingcanada/wish/240481398 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240481651 I chose this video for its in-depth explanations and how it is relevant to every day spenders. This video explains all factors that make up your credit score as well as when having a good credit score is most important such as for making a large purchase like a car or house. What I learned in this video was that the longer you have a credit product, the better this is on your credit score. ]]> 2018-03-10 18:34:59 UTC https://padlet.com/acorn996/creditratingcanada/wish/240481651 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240669779 I chose this image since I found it to be a great representation of the credit lending system works. This diagram shows exactly how your data is kept and transferred to creditors who are then in charge of making the decisions. I found this to be a bit of an eye-opener which makes you realize how your spending habits can directly affect what you will be offered by a creditor. ]]> 2018-03-12 01:43:26 UTC https://padlet.com/acorn996/creditratingcanada/wish/240669779 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240670734 I found this site to be a great resource in letting people know what their credit score means. It explains who is in charge of setting your score, what exactly contributes to your number, what number represents a 'good' score, as well as some ways to bring up your score. One thing I learned when reading this article is that your credit score is based on almost all payments habits you have, such as cellphone and internet bills. ]]> 2018-03-12 01:49:31 UTC https://padlet.com/acorn996/creditratingcanada/wish/240670734 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240671512 The main reason I chose this video is because of how simply they explain what got into you credit score and what to do in order to improve it. It explains to the viewer the most important aspects such as keeping up with your credit card balance and to try not to incur expenses that are over your balance since it will in turn negatively effect your credit score. One tip that stuck with me was to double check your credit card balance regularly, especially before making large purchases to make sure you will be able to pay your bill at the end of the month. ]]> 2018-03-12 01:55:22 UTC https://padlet.com/acorn996/creditratingcanada/wish/240671512 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240671916 I chose this image because it is something that is usually not mentioned in most credit score resources. This is a good way to show where your credit score ranks among other Canadians. I was pleasantly surprised to learn that there is only 15% of the population that ranks as having a credit score that is below what is considered to be 'good'. ]]> 2018-03-12 01:58:13 UTC https://padlet.com/acorn996/creditratingcanada/wish/240671916 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/240672583 This website is a great resource for consumers to easily find the best way to check their credit report. It essentially lets the reader know that they are able to get a free credit report once per year through the credit bureaus being Equifax and TransUnion. Since these free credit reports are not highly advertised, this article explains exactly how it is done. I was personally not aware of the fact that these credit bureaus do not make it readily available and that it takes quite a process to access you credit report. ]]> 2018-03-12 02:02:35 UTC https://padlet.com/acorn996/creditratingcanada/wish/240672583 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/243211593 I chose this video because of its specific topic. This video explains how your credit score will come across when applying for a mortgage in Canada. The better you r score, the better your interest rate will be. I learned that it is important to start thinking about your credit score now even if you are not planning on purchasing a house for many years since this will help you in the long-term.]]> 2018-03-18 16:37:19 UTC https://padlet.com/acorn996/creditratingcanada/wish/243211593 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/243211798 I found this article to be very useful in giving out information that people might not have thought of when looking into their credit scores. This article explains things such as how long information in kept in your credit file, what everyday things your credit rating can affect and what habits are lowering your score. I was not previously aware that there are things that are only on your credit record for a few years. ]]> 2018-03-18 16:38:49 UTC https://padlet.com/acorn996/creditratingcanada/wish/243211798 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/243212134 This image shows what exactly your credit score number means. I has some great explanations which puts your number into real-life scenarios which helps to understand what should be expecting to get from creditors based on your score. ]]> 2018-03-18 16:41:05 UTC https://padlet.com/acorn996/creditratingcanada/wish/243212134 acorn996 https://padlet.com/acorn996/creditratingcanada/wish/252381640 2018-04-17 01:04:07 UTC https://padlet.com/acorn996/creditratingcanada/wish/252381640