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Countdown to Canada

Building Your Credit Score in Canada as a Newcomer

29 Nov 2023

Description

Your credit score is your financial reputation in Canada and it indicates to lenders your capacity to repay a loan. In this episode, we speak to Wanzi Silva, Senior Manager, Newcomer and Cultural Markets at RBC, for newcomer tips on building a good credit score in Canada.  Here’s what you’ll learn about: What is a credit score? Why do you need a good credit score in Canada? How to build your credit score as a newcomer Factors that impact your credit score in Canada Tips to build a good credit history as a newcomer Links to free resources: Financial Guide for Newcomers Book an appointment with an RBC Newcomer Advisor

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