Assentt Coach

Learning pathFree3 modules

Credit and debt basics

Understand Canadian credit reports and scores, the true cost of borrowing, and proven ways out of debt.

  • 1 hr 19 min
  • 9 units
  • 3 knowledge checks
Preview the first unitUp to 190 XP+25 XP per check passed
Path trophy+100 XP on completion

Modules in this learning path

3 modules · 9 units

  1. 1Module 1How credit works in CanadaCredit reports, credit scores and building credit from scratch.25 min3 units30 XP
    1. Your credit reportsFree preview8 min
    2. Credit scores explained9 min
    3. Building credit from scratchKnowledge check8 min
  2. 2Module 2The real cost of borrowingInterest rates, revolving credit, loans and mortgages.28 min3 units30 XP
    1. Interest and the minimum-payment trap9 min
    2. Lines of credit, loans and buy now, pay later9 min
    3. Mortgage basicsKnowledge check10 min
  3. 3Module 3Getting out of debtPayoff strategies, consolidation and where to get help.26 min3 units30 XP
    1. Avalanche or snowball8 min
    2. Consolidation and negotiating9 min
    3. When to get helpKnowledge check9 min

About this path

Credit is a tool. This path shows how lenders see you and how to borrow — or get out of debt — on your terms.

What you'll be able to do

  • Read your Equifax and TransUnion reports
  • Compare borrowing costs across cards, lines of credit and loans
  • Choose a debt payoff method and know when to get help

Educational content for Canadians, not personal tax, legal or investment advice. Rules, limits and rates change every year and differ by province — confirm the current figures with CRA or a CPA before acting.

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