Canada: CREDIT SCORE Explained! You MUST know this!

Описание: In this video, Credit Scores will be Explained--I will share the tips that helped me INCREASE MY CREDIT SCORE by 200 POINTS JUST within a couple of months. For more content...

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NO! Just paying off your balances on time is NOT the only factor that will increase your credit score.

There are 4 OTHER Factors that all have different weights. All 5 Credit Score Factors make up your total Credit Score!

To maximize your Score, you have to Maximize your Credit Knowledge to make sure you can outsmart lenders and make sure you've got the best Credit Score around!


A Guide to help you INCREASE your Credit Score ASAP:

🔵 Why should you care about your Credit Score 0:00-0:54
🔵 Credit Score Ranges 0:54-1:25
🔵 Credit History 1:25-2:16
🔵 Cancelling Credit Cards 2:16-2:32
🔵 Credit Payment History 2:32-3:00
🔵 Extra Credit Diversity 3:00-3:29
🔵 Credit Score Utilization Explained 3:29-4:12
🔵 Opening a New Credit Line New Credit 4:12-5:40
🔵 Ending Remarks 5:40-6:17

If you learned something new about Credit Scores be sure to 👍 this video and 💬 if you have any questions!

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ABOUT

🎯 My Goal is to provide tips on personal finance to Generation-Z (Gen-Z) and Millenial Canadians based on my experience. I hope to help spark new ideas that will help improve your personal finances.

❌ I feel that there isn't enough support for people within our demographic to reach our financial goals--whether that's to become financially free (not having to worry about money) or to become wealthy and sit on a lot of capital.

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#Loans #Utilization #New
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DISCLAIMER 1

PLEASE NOTE that I am not a professional in the field of finance. These videos are for educational and entertainment purposes only. I am sharing my experiences and what is helping me reach my personal financial goals, therefore, you and only you are solely responsible for all the financial deicisions that you make. Either consult with a professional or commit your due dillegence before making any significant financial decisions.