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Scared of credit? How to build your score without stress

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Summary
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74% Informative

In a world where financial access often depends on a three -digit credit rating, not having a credit rating can be a major disadvantage.

A strong credit profile is essential for accessing everything from loans and credit cards to rental housing and even job opportunities.

Those who don’t have enough data on file with the credit bureaus to generate a score can be effectively invisible to the credit system.

Starting small with simple, low-risk steps can help you develop healthy credit and money management habits that pay off in the long run.

Before applying for credit, request your free annual credit reports from both Equifax Canada and TransUnion Canada .

Shying away from credit might feel like a way to avoid financial problems, but it can ultimately limit your opportunities.

VR Score

74

Informative language

72

Neutral language

58

Article tone

informal

Language

English

Language complexity

55

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

23

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