On a basic level, a credit score is like a report card. Each purchase you make on credit affects a 3-digit score set between 300 and 900. The higher your score, the better your financial reputation.
What is a Garnishment & How did I Get One? Wage garnishment is when money is deducted from an employee's monetary compensation (including salary), usually as a result of a court order.
If you carry around a credit card or two, like most Canadians, it’s not necessarily a problem. Credit cards offer convenience and flexibility, and used correctly, can help you build a good credit rating as well.