Hutsy

We’re excited to announce that Hutsy has partnered with @myborrowell ! Borrowell offers free credit scoring and report monitoring, tips that may help improve your credit and personalized product recommendations to meet your financial goals. By combining credit score insights and digital tools with tangible credit building solutions, in partnership with Borrowell we believe we can make financial stability possible for all Canadians. For more information, visit www.hutsy.ca or click on the link in our bio. #fintech #neobank #finance #creditbuilding #together

What are the best ways to beat interest and pay off your credit card? We’ve got a few easy tips. 1Pay more than the minimum amount owed (if you can’t pay in full). 2Avoid cash advances and balance transfers.... 3Treat your credit card like a debit card. 4Keep your utilization under 30% (how much of your available credit you’re using). Make sure to join our waiting list for our Hutsy visa if you haven’t already! Link in bio #credit #creditcard #creditscore #moneytips #finance #personalfinance

What impacts your credit score? Swipe to see the breakdown 1 Payment History: Tracks how good you are at paying your bills on time. 2 Credit Utilization: How much of your available credit are you using?... 3 Credit History: Record of your credit file that when managed well, improves your score over time. 4 Public Records: Being in collections or bankruptcy would negatively impact your credit score. 5 Hard Credit Checks: Too many applications for a mortgage, credit card or car loan at the same time could temporarily impact your score. #credit#creditscore#finance#banking#renting#buying#creditcard#loans#mortgage#money#moneytips See more

What are some money topics you want to learn more about?

The 50/30/20 rule might be one of our favorite budgeting methods. It's easy to understand and doesn't require you to track every little thing . Who's down to try this?

Where challenging you to a short, 7-day money challenge. While $28 may not seem like a lot doing this weekly or monthly ads up to some serious paper. The ultimate goal: not to transfer it back to your Spending Account Tag a friend that needs to save more!