As a borrower, understanding the impact of credit and the types of credit available can help you intelligently leverage your wealth without risking high fees, interest and long-term debt. The two most ...

Credit is a financial tool that allows people to borrow money or access goods and services before paying. In today’s world, credit is used for just about everything. From large-scale purchases such as ...

Jessica is a freelance writer, professional researcher and mother of two rambunctious little boys. She holds a Master of Science degree in Cognitive Research Psychology and a Bachelor's degree in ...

Revolving credit offers flexible borrowing options, where you can reuse funds as you repay them. Keeping revolving credit use under 30% of the limit can optimize your credit score. Understanding ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

When you get a loan from a bank, credit card issuer or other financial institution, you’re requesting credit. You’re making a promise to the financial institution that you’ll pay back the money it’s ...