Using your credit more wisely

Here is how

What is the difference?

Debit card- allows cardholders to access their bank account(s) at a financial institution.

Credit card- allows the cardholder to purchase goods or services on their credit

Ways to make good credit

You get good credit by making your payments on time, holding a job and own a home. You should make your loan payments in full.

The advantages of using your credit.

Credit cards are great for emergencies when you don't have cash in your pocket. You could build a credit line. You could get credit card benefits if you have a good credit score. Protection of your purchases.

The disadvantages of using your credit.

Blowing your budget. High interesting rates it will increase your debt. You could suffer from credit card fraud.

Credit reports.

There are credit agencies that you can get a credit report. If find a error report it as soon as possible. It could effect getting loans. Or buying houses. But you can only get a credit report once a year.



  • Experian
  • FICO
  • Equifax
  • TransUnion
  • Innovis
  • PRBC