There is nothing that can underestimate the value of a good credit score. Whether you are buying a home for the first time or considering borrowing money for any given reason, your credit score is very important and plays a key role in determining whether or not you qualify for the amount of money you want.
The best way to build credibility is to know what your credibility is. Knowing what your credit score is and understanding how it ties into your investments is essential to taking full advantage of the credit points that you have and the investments you wish to make.
Before applying for a loan, check with Equifax and Transunion. These companies have ratings pertaining to your credit score and will give you a detailed report on what your good credit ratings are, as well as where you can improve. They basically work on a point system - giving points for good credit and taking away points for late payments and unpaid debts including bankruptcy.
Here are the links to check your credit:
http://www.transunion.ca/
http://www.equifax.com/home/en_ca
