On the fifth episode of MI$$ FINDEPENDENT, Gloria is joined by her friend Albert, they discuss debt and credit scores – different kinds of debt, strategies to pay them off, what a credit score is, how to figure it out and factors that affect your credit score and why it’s important.

Task 1: If you have debt, create a repayment plan by listing our all of your debt from largest to smallest (sum or interest rate). If you need help, credit counseling is available: https://www.canada.ca/en/financial-consumer-agency/services/debt/debt-help.html
Task 2: Find out your credit score and determine whether you need to take steps to improve it

Where to check your credit score:
Credit Karma

Gov’t of Canada Financial Consumer Agency Debt Free Plan
Gov’t of Canada Financial Consumer Agency Credit Score Info
Common Credit Score Myths

Listen now:

Spread the love

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>