108
submitted 6 months ago by lautan@lemmy.ca to c/canada@lemmy.ca

Credit bureaus are testing the inclusion of rent payments in credit scores, saying it's a positive move launched by Ottawa. But critics fear the move could compound the issues faced

you are viewing a single comment's thread
view the rest of the comments
[-] NateNate60@lemmy.world 2 points 6 months ago

I agree completely. Though any debt of any sort has the ability to affect your credit, at least in the USA. A judgement entered against you for a debt can be reported (or detected by) credit rating agencies which will adversely affect your credit.

this post was submitted on 25 Apr 2024
108 points (98.2% liked)

Canada

7200 readers
472 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS