Chris Worby is a Trusted Regina financial advisor and Wealth Management services provider. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial and wealth management services to individuals, families and business owners in Regina and area. Worby Wealth Management listens and provides a personalized financial plan. In our latest Worby Wealth Blog Post, he shares information about Credit Ratings.
Credit Ratings
We’ve all heard stories from someone we know (though we may or may not like that person) about being a victim of identity theft. Identity theft can drastically affect your credit rating, and your credit rating affects almost everything in your financial world. Whether you’re looking to apply for a credit card, take out or renew a mortgage, get a car loan, or want to borrow a million dollars from that loan shark down the street, your credit rating will significantly impact the interest rate that you might receive for such loans. There are two significant players in the credit rating world of Canada – those being Equifax and TransUnion. You can, and we suggest you do, go to both these websites and sign up for their free service to check your credit scores.n
Equifax
Directly from their website, Equifax states: “We are a global data, analytics, and technology company. We believe knowledge drives progress. Our unique data assets, technology and analytics transform knowledge into insights to power decisions that move people forward.”
Here’s a wonderful and short read from Equifax about what impacts your credit score.https://www.consumer.equifax.ca/personal/education/credit-score/what-impacts-credit-score/
TransUnion
Directly from their website, TransUnion state“Our mission is to help people everywhere access the opportunities that lead to a higher quality of life. By helping organizations optimize their risk-based decisions and enabling consumers to understand and manage their personal information, we empower both to take their destinies into their own hands.”
Find Out More
Whether you’re 20 years old or 50 years old, credit ratings are of utmost importance. Contact Worby Wealth Management to help fix your credit score and set you on the path to success!
Some of the services that Worby Wealth Management can help you with:
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- Insurance Advice
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- Investments
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- Wealth Management Services
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- Pay Less Tax With Tax Planning
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- Become Mortgage-Free Faster With Financial Education
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- Estate Planning
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- Retirement Planning
This publication is for informational purposes only and has been prepared from public sources, which are meant to be reliable. None of the information in this should be construed as investment advice. Speak to your Investment Advisor to learn if this product is right for you. Designed Securities Ltd. (DSL) is regulated by the Canadian Investment Regulatory Organization (CIRO), and is a Member of the Canadian Investor Protection Fund (www.cipf.ca). Chris Worby is registered to advise in securities to clients residing in Alberta, British Columbia, and Saskatchewan.
The views expressed are those of the author and not necessarily those of DSL. This report does not constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is not authorized or to any reliable person to whom it is unlawful to make such offer or solicitation. Content is accurate as of the date of publication, and subject to change without notice.