A good credit score is one of the most valuable tools in the box when it comes to financial management. In addition to providing purchasing power, credit is important since potential employers and landlords also take a look at it to make approval decisions. These are reasons Canadians should know their credit score and work to keep it as high as possible.
No matter how large or small, every business will need to have access to credit in some way or another. Good business credit scores will make a difference in the type, rates, and terms of loans that will be offered. These steps go a long way to ensure a healthy and viable business now and into the future.
Entrepreneurs always have their plates full; let it be the sales, accounting, marketing of their business, or personal life. Since everyone has a limited number of hours in any given day, it is critical to use your time strategically. Smart money always suggests using tools for day-to-day business operations. Our team decided to list business tools that can make an entrepreneur’s life a little more easy.
Maintaining a healthy, if not perfect, credit score should be a top financial priority. What are the average credit scores for people in Canada and the United States? Are there differences in how scores are calculated in these countries?
The imbalance between the relative successes of Canada’s major financial institutions and the relative anonymity of its FinTech sector was a key area of focus throughout the daylong AltFi Toronto event. The stage played host to a range of experts from tech and finance, from Canada and abroad, each offering their thoughts on why the country’s FinTech industry is lagging behind, and how best to enable it to catch up.