Ways to Quickly Increase Your Credit Score Canadian real estate investorsÂ & know the value of having beacon score ofÂ more than 750. A higher credit score can be achieved by using the followingÂ steps.
An excellent credit score can mean qualifying for lower interest rates andÂ better mortgage terms. A bad one can mean you don’t qualify for any kind ofÂ financing at all and dealing with loan sharks.
When you need to borrow money -Â to invest in Canadian real estate, get aÂ line of credit, or get a decent job or a variety of other reasons — and youÂ don’t have a good credit score, it’s impossible to improve your score rightÂ away.