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 ...

Withdrawing cash on a credit card can feel like a quick fix when your checking account is empty and the rent is due. 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 ...