Good habits that can help you improve your credit score + MORE Jan 1st

As we turn the page on yet another tumultuous year headlined by Covid and its emerging variants, we wanted to take a look back at some of the top mortgage-related stories of 2021 and how mortgage rates fared.

You probably know you should care about your credit score, but do you know why? Simply put, this three-digit number can either help or hurt you in your journey towards financial wellbeing—and it can have far-reaching effects.

Your credit score affects your chances of getting approved for a credit card, a mortgage or a personal loan. It can influence your chances of getting lower interest rates on loans, and it may even impact your ability to land a job or rent an apartment.

What is a credit score?

A credit score is a number, usually between 300 and 900, that indicates your creditworthiness. The higher your score, the better. Numerous factors affect your score including how much debt you carry, whether you pay your bills on time, and your credit history. (Not everyone has a credit score. If you’re a student or a newcomer to Canada, or if you haven’t used credit in a while, the credit bureaus may not have enough information to determine your score.)

The higher your score, the greater confidence banks and other lenders will have in your ability to pay them back…

Wondering how to get the best life insurance in Canada for you and your family? You’re not alone. The pandemic has shown Canadians that we are not invincible. In fact, 44% of us now plan to buy life insurance because of the effects of COVID-19, but not everyone is confident in understanding what life insurance is, the cost and other details. That’s why we’re breaking it all down here.

Get personalized quotes from Canada’s top life insurance providers.All for free with ratehub.ca. Let’s get started.*Life Insurance QuotesTerm LifeWhole LifeThis will open a new tab. Just close the tab to return to MoneySense.

This guide will show you:

What is life insurance? How does it work?
Do you need life insurance?
How much life insurance do you need?
What are the different types of life insurance? Which one is the best?
How much does life insurance cost in Canada?
Life insurance extras: Some other things to consider
Buy the life insurance: How Canadians can prepare
Is life insurance taxable?
When should I get life insurance?
How do I know how much life insurance I need?
Why should I shop for life insurance online?
Do I need life insurance if I already have mortgage insurance from my bank?
Do I really need to do a health exam to get life insurance?

Get personalized quotes from Canada’s top life insurance providers…