Our credit score can play an important role in your financial life in Canada—from applying for a credit card or loan to getting better interest rates and, in some cases, qualifying for other financial services.
But how high does your credit score actually need to be? And what is the real difference between using a credit card and a debit card?
In this podcast, we break down credit scores, credit utilization, payment history, and common mistakes that can hurt your credit. We also discuss why simply carrying multiple credit or debit cards in your wallet doesn’t necessarily mean better financial health.