How To Build Your Credit Score FAST!

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Welcome to episode seven! Building your credit score in Canada is essential for renting an apartment, getting a loan, and even signing up for a phone plan! So in this video, I break down:

✅ What a credit score is and why it matters
✅ The 5 factors that impact your score
✅ Step-by-step tips to build credit
✅ Common credit mistakes to avoid

Check your credit score for free: https://borrowell.com/free-credit-score?utm_campaign=Refer5&utm_medium=web&utm_source=refer2022-4561200

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Timestamps:
0:00 Intro
0:15 LemFi
1:10 What is a credit score?
1:57 Why is a credit score important?
2:46 How is a credit score calculated?
5:00 How to build your credit score
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

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Reni ♡

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