What’s An Average Credit Score For Canadians And Why Does It Matter?. it becomes crucial when you need to make a big purchase like buying a home or.
Cogin, First off, a bankruptcy stays on your Credit Report for 10 yrs. (hit 1) If you went and applied for every credit card offered (hit 2 to many). ..the Interest rates you have on those cards, I’m guessing are not below 15% (hit 3 all your payments go to interest and unless you are paying 3-4 times the minimum amt, you’ll be drowning again in no time).
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If you’re planning to buy a house, your credit score has a big impact on your monthly payment. Take these steps from Bankrate.com to get the best score and lowest mortgage rate.
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