So, aside from the issue of advertising, what's not to like about Credit Karma? Well, there are some things to think about. Most importantly, Credit Karma use a system known as Vantage 3.0 to arrive at credit scores, while most banks use the FICO grading system. The two are very similar, but some users have reported slight discrepancies between their Credit Karma score and the score assigned by lenders. So bear that in mind. … [Read more...] about How to Check Your Credit for Free in Canada
Debt free in 3 years
Note that while you can close a card via secure message or chat without having to call up, typically if you call up, the retentions department may offer to waive the fee for another year or give you miles to keep the card. Even if they don’t do that, many cards can be downgraded to a free version and you’ll get a refund of the annual fee. You typically have between 30 and 60 days from when an annual fee is billed to have it refunded if you close a card though some people have had success getting a fee refunded by cancelling a card for up to 6 months after being billed. … [Read more...] about Building Credit And Credit Card FAQs: Your Questions Answered
There’s a reason a business is asking you for credit. If a bank won’t give them the credit they need after doing due diligence, then common sense should say that you shouldn’t be either. It doesn’t matter if it’s a big business, or a trustworthy neighbor or relative, the same rules must apply. A loaning scheme may start off innocently, but once things start to go south it can force a business to default on loans, even when its operated by the most honest people. … [Read more...] about The Dark Side Of Earning Credit Card Points; PSA: Don’t Swipe For Others!