What is ‘Credit’, and how does my Credit Score work? (Canadian content)

Whether you’re just learning about credit for the very first time, or if maybe you need to learn how to get out of debt, or how to to avoid getting into debt, one of the most important things you can do is to build up your financial vocabulary. This video is taken from an interview with Mr.Kalsey of BSCC.ca –a leading Credit Counseling company located across Canada– and in this segment, Mr.Kalsey talks about what credit is, and how it is affected by something called your Credit Score.

Credit counselling is always the best place to start, ESPECIALLY if you’ve gotten in over your head financially, because UNlike other debt management companies, our methodology is one where we act as YOUR advocate, rather than working on behalf of all the bill collectors – and it’s important that you realize there are two kinds of companies that assist people to handle their credit problems. We’re the guys who are on YOUR SIDE.
We work help you get the best advice–at the lowest possible cost to you so that you can have credit card and debt relief quickly, and be back on your feet in the shortest time possible.

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