Your credit score is your financial reputation in Canada and it indicates to lenders your capacity to repay a loan. In this episode, we speak to Wanzi Silva, Senior Manager, Newcomer and Cultural Markets at RBC, for newcomer tips on building a good credit score in Canada.
Here’s what you’ll learn about:
What is a credit score?
Why do you need a good credit score in Canada?
How to build your credit score as a newcomer
Factors that impact your credit score in Canada
Tips to build a good credit history as a newcomer
Links to free resources: