About the author
Grace Guo
Grace is a communications expert with a passion for storytelling. This hobby eventually turned into a career in various roles for banks, marketing agencies, and start-ups. With expertise in the finance industry, Grace has written extensively for many financial services and fintech companies.
Blog posts by Grace Guo
4 min read
Separate your business finances, then use small credit accounts and pay on time to build its own file.
4 min read
A TFSA grows and comes out tax-free. An RRSP gives you a tax deduction now, but it's taxed when you withdraw it.
4 min read
A loan lets you borrow money now and pay it back later with interest.
3 min read
No, closing a bank account doesn't directly affect your credit score, with two indirect exceptions.
4 min read
Draw only what you need, repay more than the minimum, and keep usage below 30% of your limit.
3 min read
You likely have no score, not a bad one, since there's no credit report yet to calculate it from.