YOUTUBE How Credit Works In Canada 🇨🇦 AdminJune 19, 2025020 views LemFi is a mobile app that allows USA, UK and Canada users to send money within minutes at zero transfer fees to Nigeria, Ghana, Kenya, Tanzania, and more. Use code “XORENI” to get C$10 cash back the first time you send C$100 and above. Download LemFi: https://lemonadefi.app.link/mpHhsSwhVOb Welcome to episode six! Just moved to Canada? Confused about credit cards and credit scores? In this video, I break down how the Canadian credit system works, the best credit cards for newcomers, and how to build a strong credit score from scratch! 🚀 Please like, subscribe & comment. Let me know what you want to see next! Timestamps: 0:00 Intro 0:15 LemFi 0:56 What is credit? 1:09 What is a credit score? 1:39 Credit is a way of life in Canada 3:06 Credit Cards Explained 4:10 The first card you should get in Canada 2:28 Budgeting Method 4:50 Key Terms to know 6:36 Documents Needed 7:21 Tips for Building Credit 8:42 Benefits of Good Credit JOIN Don’t Go Broke Collective: https://www.skool.com/dont-go-broke-collective/about CONNECT WITH ME ON INSTAGRAM ‣ https://www.instagram.com/xoreni/ EMAIL ME! COLLABS & OTHER INQUIRIES ‣ contact@renitheresource.com VISIT MY WEBSITE ‣ https://renitheresource.com/ sign up for wealthsimple trade & get $50 free – https://bit.ly/3yo15HN sign up for neo financial’s HISA & get $25 – https://refer.neofinancial.com/?nf_cv=T7A8J4V3 sign up for EQ bank’s HISA – https://bit.ly/eqbank-xoreni sign up for neo financial’s mastercard ($50) – https://bit.ly/3I3KtKd sign up for LemFi & get $30 (code xoreni) – https://bit.ly/2X3Wbl5 sign up for wealthsimple invest & get $50 free – https://bit.ly/3GCpLPG ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ ♡ Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing. FTC: The links above may include affiliate links for which I may make a commission should you purchase. This is at no extra cost to you but helps my channel grow. xo, Reni ♡ source