Mastering the Credit Game with Richard Moxley

In this episode of the podcast, we dive deep into the world of credit with Richard Moxley, bestselling author of The Credit Game and former high-volume mortgage broker. Richard, recognized as the Financial Literacy Leader of the Year (2015/2016), shares his expert insights on how Canadians can improve their credit, debunking common myths and providing practical advice for staying financially healthy.

Key Topics Covered:

Richard’s Journey: What inspired Richard to leave a successful mortgage career to help people navigate the complex world of credit? Learn the personal experiences that drove him to write The Credit Game.
Credit Score Mysteries Unraveled: We discuss the different credit scores consumers and lenders see, the types of errors that warrant investigation, and how to get mistakes removed from your credit report.
Breaking Down the Score: Richard breaks down the key components of a credit score, focusing on:
- Credit Utilization: Common mistakes people make
- Types and Age of Credit: How these factors influence your score
Beyond Interest Rates: Credit impacts more than just loans—it can affect relationships and job prospects. Richard explains how and why your credit history plays a role in various areas of life.
Practical Tips: From advice for young adults just starting to build credit, to strategies for quickly repairing past mistakes, Richard provides actionable advice. We also discuss the importance of regularly checking your credit report and what to consider before cosigning a loan or mortgage.

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