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