How to Build Credit History for Newcomers in Canada
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- čas přidán 9. 06. 2024
- #creditscore #creditcard #newcomer
What is credit score? How to get first credit card? How to get access to credit report and credit history? We cover these and many more questions that newcomers to Canada might have in regards to building credit history. We also break down what the credit score consists of, and share some tips on how to manage your credit wisely.
Get 25$ and up to 15% cashback with Neo Credit Card api.fintelconnect.com/t/l/643...
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0:00 Intro
0:38 Outline
1:38 Secured Credit Card
3:07 What is Credit Score
4:10 What is Credit History
4:38 How Credit Agencies Differ
5:57 Get Free Credit Report
7:24 How Credit Score is Calculated
11:03 Main Takeaways
12:00 Outro
====USEFUL LINKS====
RBC newcomers offers: www.rbc.com/newcomers/ScotiaBank newcomer credit card: startright.scotiabank.com/new...
=== Get your credit score and credit history ===
Borrowell: borrowell.com/Credit Karma: www.creditkarma.ca/Equifax: www.consumer.equifax.ca/perso... www.transunion.ca/2
==Things on Amazon we use===
www.amazon.ca/shop/artemova._
===BOOKS ON FINANCE TO READ===
Rich Dad Poor Dad - a book about how to thinking like rich and thinking like poor differ: www.amazon.ca/dp/B07C7M8SX9/U... by Tony Robbins - great intro on building your financial future: www.amazon.ca/dp/1501164597/?...
===== Watch Next====
Jobs for newcomers - survival jobs: • 8 Easy Jobs for Cash I...
How to make friends as a newcomer: • How Immigrants Make Fr...
New habits you get after moving to Canada: • My New Habits In Canad...
====Subscribe to our channel: / makethatchange
====Follow us on Instagram:
Anastasia: / artemova._
Anna: / anna_antropova
=========
Did you like this video or have any questions for us?Is there something we could improve?What would you like to see in our channel? Let us know in the comments below, we'd love to hear from you.
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This channel is curated by Anna and Anastasia, expats from Russia living in Toronto, Canada. We started this channel to share our experience of adapting to a life in a new country after immigration. We talk about personal growth, career and life with a mission to inspire and motivate more people make that change.
=====Music by www.bensound.com/Transitions by LenoFX and motionarray.com/Videos by Pexels www.pexels.com/Screenshots taken from Borrowell and Kredit Karma websites.
Great video ! The fact that I’ll have to use credit card to improve my credit score was a bit counter intuitive for me to understand initially
Same for me! I came from background of "credit cards are a capitalist evil, stay away from them" 😅
Thank you sooo much Anastasia for sharing that valuable information! I am a newcomer-to-be and you and your girlfriend are literally answering all the questions that I have. Thank you so much, you are my resource of all the info about being a newcomer in Canada
Thank you so much for watching Zireael! Wishing you all the best in your way to Canada ❤️
that was super helpful, thanks! also, it's such a pain in the ass to maintain a good credit score with a secured visa. especially when your limit is 500$ 😭
oh " good old" days! Anna managed to do a workaround, by depositing the funds required during immigration into an investment account - that way the deposited sum served as a collateral, so she was able to get a proper credit card.. BUT one actually have to have a large sum to deposit 😨
Great video . you have a natural ease with the camera . perfect . thank you for all these informations
Thank you 🙏🙏
Awesome 📹. I'm moving to Canada next month and this video has been on great help :)
Ah that’s amazing! Have a wonderful move!
Great video! I love it
thank you! :)
Great Information,I Really Needed it..New to Canada
Glad it was helpful! Welcome to Canada!
Newcomer Friendly credit card: Open a Secured Credit Card and Get 25$ and up to 15% with Neo Financial api.fintelconnect.com/t/l/621be8737c563f001ddb05a9
Really interested in the ending part of the video... ( the investment part)
Ana and Anastasia you rock
🥰you’re too kind
Good job!
thank you!
Hii! Thanks for the video :) as always the info so helpful. I have 2 questions.
1. As a newcomer student, can I request a student loan?
2. I do have some credit history where I live (outside Canada). Do you think if I get a credit history certificate from the bank here it may be useful in a major Canadian bank?
Спасибо !
Было очень полезно и понятно )
Рады что были полезны 🥰🙏
Hello any list of banks with no annual fees which one can apply for credit card
Love from Bangladesh 😍😍🇧🇩
Right back at ya friend!
Very informative mam, thanks👍🏾❤️
Glad you found it helpful Paramveer! Feel free to check out our video about Tax system in Canada, it would also help you understand the finance system in Canada! czcams.com/video/GX1uZblSBPw/video.html
What is the use of debit card?
Client card whenever you need to present at the bank and access your account
youtube can't show me a video that people of two different countries married in Canada.
I just want to know that two non-blond married each other and they were not from same country. That's what I'm looking for. I'm not blond, don't want a blond girl. running away form my countrymates (Canada has lots of them)
Every second couple I know are from different countries, that's the beauty of Canada! :) You just gotta look!
I don't understand why people that are financially sound and in their 50s are still preoccupied with their credit score. What is left to buy at that stage in their life?