{"id":936,"date":"2016-07-15T08:00:08","date_gmt":"2016-07-15T13:00:08","guid":{"rendered":"https:\/\/www.creditaid.ca\/blog\/?p=936"},"modified":"2016-07-15T08:00:08","modified_gmt":"2016-07-15T13:00:08","slug":"financial-literacy-and-education-key-to-good-credit","status":"publish","type":"post","link":"https:\/\/www.creditaid.ca\/blog\/2016\/07\/15\/financial-literacy-and-education-key-to-good-credit\/","title":{"rendered":"Financial Literacy and Education Key to Good Credit"},"content":{"rendered":"<p>\t\t\t\tCanadians are highly-educated in areas like academics and trades. But one of the most important areas that is often lacking is their degree of financial literacy.<\/p>\n<p>Learning how to <a href=\"\/let-us-help-you\" target=\"_blank\" rel=\"noopener noreferrer\">manage debt and build a solid credit rating<\/a> requires education. Creditaid has developed a financial literacy program to help Canadians <strong>Build<\/strong> or rebuild their credit, <strong>Learn<\/strong> valuable budgeting skills that will guide them into a future of financial health, and <strong>Save<\/strong> money to spend on life\u2019s most important things.<\/p>\n<p><strong><a href=\"https:\/\/www.creditaid.ca\/blog\/wp-content\/uploads\/2016\/07\/BuildLearnSave-Logo.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-large wp-image-937\" alt=\"BuildLearnSave-Logo\" src=\"http:\/\/creditaid-2017.home.justinwiebe.ca\/components\/com_wordpress\/wp\/wp-content\/uploads\/2016\/07\/BuildLearnSave-Logo-1024x148.png\" width=\"625\" height=\"90\" \/><\/a><a href=\"\/credit-rebuild\" target=\"_blank\" rel=\"noopener noreferrer\">Build Learn Save<\/a><\/strong><a href=\"\/credit-rebuild\" target=\"_blank\" rel=\"noopener noreferrer\"> is an 18 month credit building program<\/a> designed to educate participants about budgeting, credit, and debt while their credit is being re-established in order that they can be in a position of financial health upon program completion.<\/p>\n<p>Building a healthy credit rating is not something that we commonly learn in school. Many people do not understand the repercussions of a poor credit rating and how it can affect many aspects of their lives. For instance, a $20,000 car financed over 7 years will result in approximately $350 in payments for a person with a good credit rating but $850 with a poor one.<\/p>\n<p>This difference in cost is only one example of the kind of problems faced by those with poor credit. Renting an apartment, buying a car or house, <a href=\"\/let-us-help-you\/credit-card-debt\" target=\"_blank\" rel=\"noopener noreferrer\">using credit cards to buy online<\/a> or guarantee a hotel room, car rental, or airplane seat\u2014all are affected by a poor credit rating.<\/p>\n<p>Financial literacy is a way for Canadians to find their way out of debt and build a solid credit rating that will stand them in good stead for their future.<\/p>\n<p><a href=\"\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">Call Creditaid to find out more about the <strong>Build Learn Save<\/strong> program<\/a>. Our friendly and understanding staff will let you know if your situation fits the bill and if we can help you to get started on the road to a healthy financial future.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadians are highly-educated in areas like academics and trades. But one of the most important areas that is often lacking is their degree of financial literacy. Learning how to manage debt and build a solid credit rating requires education. Creditaid has developed a financial literacy program to help Canadians Build or rebuild their credit, Learn &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.creditaid.ca\/blog\/2016\/07\/15\/financial-literacy-and-education-key-to-good-credit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Financial Literacy and Education Key to Good Credit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[62,128,129,130,161,209,252,324],"_links":{"self":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts\/936"}],"collection":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/comments?post=936"}],"version-history":[{"count":0,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts\/936\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/media?parent=936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/categories?post=936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/tags?post=936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}