MonsterMortgage.ca has previously explained what you should watch out for when getting your credit score online and what that number really means. It’s easier than ever to get your credit score online, but there’s a catch. There are many credit score providers out there, that all provide different results and aren’t even used by credit score lenders when you apply for a loan. It can be difficult to optimize your credit score when you aren’t sure of what your personal score really is. The answer to this dilemma is to focus on your overall credit hygiene instead.
To help you out with your credit hygiene, our monsters have gathered some tips to share with you!
Since you can’t rely on any one of the credit scores you can get online, it’s better to focus on your overall credit hygiene and try to maximize it by having healthy financial practises. MonsterMortgage.ca is always happy to help you out and provide you with tips for your personal credit score situation. Reach to one of our Monsters today to learn more about credit scores and how to beat the numbers!
P.S. Check out our video with CBC Marketplace to help consumers understand why these scores from online sources are useless when trying to get a mortgage.