Every so often I like to do a reminder on credit. It's kinda important, ya know.
So, your credit score, also called a FICO score, is a number based on the information in your credit file that shows how likely you are to pay a loan back on time. You'll want your number to be higher, rather than lower, because that show's you're less risky (not to be confused with risqué).
Consumers with scores above 700 are usually charged pretty low rates, but those with scores above 760 are charged the lowest rates. So, what should you do if you have less than stellar credit? Jeannie Bolger at Nova Home Loans has come to the rescue with some of her top tips for improving your credit score. Read more »