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.
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
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 [they claim it’s 2 minutes, but I think it’s way more like 3 minutes :)] from Equifax about what impacts your credit score.https://www.consumer.equifax.ca/personal/education/credit-score/what-impacts-credit-score/
Directly from their website, TransUnion states:
“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.”
Here’s a 2-minute read from TransUnion about five factors affecting your credit score.nhttps://www.transunion.ca/what-affect-credit-score?n
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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:
- Insurance Advice
- Wealth Management Services
- Pay Less Tax With Tax Planning
- Become Mortgage-Free Faster With Financial Education
- Estate Planning
- Retirement Planning
The comments contained herein are a general discussion of specific issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice in the context of your particular circumstances. This Blog was written, designed and produced by Chris Worby for the benefit of Chris Worby, a Financial Advisor at Worby Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this article comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the publication date and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds, approved exempt market products and/or exchange-traded funds are offered through Investia Financial Services Inc.