
What your credit score really says about financial recovery
Ask many Canadians what a credit score measures, and they’ll tell you it’s a reflection of their financial health. According to Jeff Lewis, Chief Insolvency Officer and Licensed Insolvency Trustee at Bromwich+Smith, a credit score isn’t the definitive health check many think it is. Instead, he describes it as “A measure of how responsible you...
This is a short preview. The article was written by Bromwich+Smith and the full text is on their website.
More from Bromwich+Smith
- When credit becomes a survival tool: How to regain control
- Can you get credit after debt relief? What to know about rebuilding your credit
- The payday loan cycle: Are you in it? And how to break the cycle.
- Your September money reset: How to get your finances in order before the holidays
- Back-to-school expenses: How to budget and avoid debt