Credit Management

Understanding How Credit Works

	Your Credit Score A credit score is a formula used to predict risk for lenders. To create a credit score, analysts may use information in credit reports, account histories, or applications. It's important to understand how lenders are viewing your credit score and how that affects your purchasing power. Read more
	Your Credit Report If you have not checked a copy of your credit report lately, you should. You will not know how accurate your report is unless you check. It is not good enough to obtain a copy of just one of your credit reports. To really monitor and fix your credit score you must obtain a copy from both of the major credit reporting bureaus, Equifax and TransUnion. Read more
	How to Repair Your Credit Anyone can make a mistake. What’s important for good credit management is that you take the steps to repair your credit. Read our in depth, easy to understand, step-by-step guide to repairing your credit. Fixing your credit score may be easier than you think. Read more
	Your Credit Rights When you’re trying to fix your credit, it’s important to know your credit rights. Many debt collectors will try to take advantage of consumers’ ignorance; however, if you arm yourself with knowledge, you can defend yourself when collectors call. Read more
	Credit in a New Country Establishing good credit is often frustrating for those who are new to Canada and don’t understand how credit management works. If you are not careful, you may fall for credit scams that can cost you a lot of money and ruin your credit score. Read more

Get Credit Help from a Trained Credit Counsellor

Consolidated Credit Counseling Services of Canada, Inc. is ready to help you fix your credit problems. Our credit counselling agency has helped thousands of Canadians with their personal finances and pay off their credit card debt. You can call 1-800-656-3920 to speak with a trained credit counsellor now or start your Free Credit Counselling Session online.

A credit counsellor might also advise you to enter a debt management program or recommend other credit counselling solutions.

Want to know what your first credit counselling session will look like? Read more about your first credit counselling session or view some of our frequently asked questions.