Credit score – Money We Have

What is the Minimum Payment on Credit Cards in Canada

If you look at your credit card statement, you’ll notice that there’s a minimum payment required each month. While paying just the minimum may be tempting, paying off your debt may take years while incurring…

What’s the Right Number of Credit Cards

Many people ask me what the right number of credit cards to have is, but there is no universal perfect number. The ideal number varies based on individual financial situations, spending habits, and financial/travel goals.…

Does Applying for Credit Cards Hurt Your Credit Score

When used responsibly, credit cards can enhance your credit score over time. Responsible usage includes paying off your balance on time, keeping your credit utilization low, and maintaining a healthy mix of credit types. However,…

The Best Prepaid Credit Cards in Canada for 2024

Deciding on the best prepaid credit cards in Canada is pretty subjective. Some people are looking for a prepaid credit card because they want to increase their credit score while others prefer a hybrid card that allows…

10 New Year’s Financial Resolutions

**This is a sponsored post written by me in collaboration with Capital One Canada. All opinions are my own Many people make New Year’s Financial Resolutions. Who doesn’t want to save more and spend less…

How Long to Wait Between Applying for Credit Cards

Whether you’re looking for a new credit card or you’re looking to take advantage of a generous welcome offer, you’ve likely wondered how long to wait between applying for credit cards. The simple answer is…

What is a Good Credit Score? Improve yours now

What is a good credit score is one of the most common questions Canadians ask when it comes to their personal finances. Unlike your budget and spending, you have no real control over your credit…

What Credit Score is Needed for a Credit Card?

Have you ever wondered what credit score is needed for a credit card in Canada? In most cases, you’ll need a credit score of at least 660, but that’s not always the case. Each credit…

Secured vs Unsecured Credit Cards

The difference between secured vs unsecured credit cards is not a topic that comes up often, but if you’re new to credit cards, you should know how they work. Most people know there are numerous…

How to Cancel a Credit Card in Canada

Have you wondered how to cancel a credit card in Canada? You would think the process would be easy, but closing your credit card account is more complicated than it needs to be. Not only…