Your payment history accounts for the largest portion of your credit score, making timely payments essential. Late payments can stay on your credit report for up to seven years, significantly lowering your score. Set up automatic payments or reminders to ensure you don’t miss due dates. Even if you can’t pay the full balance, making at least the minimum payment on time helps maintain a positive credit history.

Home renovations can enhance the value, comfort, and functionality of your property, but they often come with a hefty price tag. Fortunately, there are several financing options available to help you fund your renovation projects, depending on your financial situation and goals.

Filing for bankruptcy or a consumer proposal isn’t a financial life sentence. There are ways to get the mortgage you need to buy the home you want.