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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Life Goals: Credit and Car Loans

life goals: Experts recommend a number of steps to improve your credit score, whether you're struggling with debt or you're a new Canadian on the hunt for employment, according to Toronto Star. Scott Hannah, president and chief executive of the Vancouver-area-based Credit Counselling Society, holds cut up credit cards at his office in New Westminster, B.C., on January 11, 2012. Poor credit can hinder car loans, mortgages and school options, ratchet up interest rates and push life goals out of reach. Poor credit can hinder car loans, mortgages and favourable interest rates. Jonathan Hayward / THE CANADIAN PRESS In either case, step one is to check your credit report by contacting a credit bureau either Equifax Canada or Trans Union Canada identify any errors in your borrowing history and work to correct them, as they can drag down your score. Experts recommend a number of concrete steps to improve your credit score, whether your rating is in the dumps despite a good job or you're a new Canadian on the hunt for employment. (www.immigrantscanada.com). As reported in the news.