{"id":1378,"date":"2013-08-15T17:52:38","date_gmt":"2013-08-15T21:52:38","guid":{"rendered":"https:\/\/goday.ca\/blog\/?p=1378"},"modified":"2021-09-30T11:14:04","modified_gmt":"2021-09-30T15:14:04","slug":"what-do-credit-scores-mean","status":"publish","type":"post","link":"https:\/\/goday.ca\/blog\/what-do-credit-scores-mean\/","title":{"rendered":"Understanding Credit Scores – Infographic"},"content":{"rendered":"

Ah – your credit score.<\/a><\/p>\n

Often associated with the darker side of our financial lives, many often overlook how a good credit score can actually alleviate financial woes. Imagine being able to apply for a credit card<\/a>, ask for a line of credit or apply for a payday loan<\/a> and know that you’ll be approved?<\/p>\n

Not only that, but you know you’ll be approved for either their best rates, or their highest amount? When properly understood and managed, a healthy credit score can bring you a wealth of comfort.<\/p>\n

However, a bad score will also trail you. A poor score can prevent you from being approved for credit cards, a mortgage, even a cell phone. If you are approved, you will be subject to very high rates and strict terms.<\/p>\n

However, the good news, even if you have bad credit<\/a>, is that there is a chance to improve over time!<\/p>\n

Don’t let lack of knowledge prevent you from making the right financial decisions for you!<\/p>\n

\"Credit<\/a><\/p>\n

Remember, if you need a\u00a0short term loan<\/a>\u00a0before your next pay day, head on over to GoDay.ca to apply! Those with great credit may be approved for higher amounts!\u00a0<\/em><\/p>\n

\"Click<\/a><\/p>\n

Like This Post? You Might Also Enjoy:<\/p>\n

You Asked: How Does Debt Collection Work?<\/a><\/p>\n

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What is the difference between a \u201csoft hit\u201d and a \u201chard hit\u201d on my credit?<\/a><\/p>\n

Why it\u2019s imperative to re-pay your payday loan<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Ah – your credit score. Often associated with the darker side of our financial lives, many often overlook how a good credit score can actually alleviate financial woes. Imagine being able to apply for a credit card, ask for a line of credit or apply for a payday loan and know that you’ll be approved? […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[10],"tags":[],"yoast_head":"\r\nUnderstanding Credit Scores<\/title>\r\n<meta name=\"description\" content=\"To be in tip-top financial health, you need good credit. 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