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EP9- Factors involved in calculating a credit score

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Manage episode 457165356 series 3624899
Content provided by Laddi Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laddi Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

This podcast episode explains Canadian credit scores, focusing on the five key factors that determine them: payment history, credit utilization, length of credit history, public records, and inquiries. The hosts clarify the scoring process used by Equifax and TransUnion, emphasizing that a good credit score is crucial for obtaining favourable mortgage terms. They highlight the importance of understanding credit utilization and responsible credit management for prospective homebuyers. The episode also promotes a local real estate team to assist individuals throughout the home-buying process.

https://www.houseinbrampton.ca/communities/bank-estate-sale-properties/

  continue reading

11 episoade

Artwork
iconDistribuie
 
Manage episode 457165356 series 3624899
Content provided by Laddi Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laddi Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

This podcast episode explains Canadian credit scores, focusing on the five key factors that determine them: payment history, credit utilization, length of credit history, public records, and inquiries. The hosts clarify the scoring process used by Equifax and TransUnion, emphasizing that a good credit score is crucial for obtaining favourable mortgage terms. They highlight the importance of understanding credit utilization and responsible credit management for prospective homebuyers. The episode also promotes a local real estate team to assist individuals throughout the home-buying process.

https://www.houseinbrampton.ca/communities/bank-estate-sale-properties/

  continue reading

11 episoade

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