Understanding Credit Without Fear or Confusion

Credit can feel intimidating when no one has taken the time to explain it clearly.

In this podcast episode Sabiha Mukadam, breaks down how credit works in Canada and shares some simple habits that can help you use it with more confidence and less stress.

She covers:

• The difference between a credit report and a credit score

• Why credit is borrowed money—not extra income

• How to build credit without carrying debt

• Why paying on time matters so much

• How credit utilization affects your score

• Common credit myths that can cost you money

• What to consider before using Buy Now, Pay Later

• How to start rebuilding if your credit has been hurt

The goal is not to encourage you to borrow more.

It is to help you understand how credit works so you can make informed decisions and use it in a way that supports your life.

You do not need to be perfect. You need a simple system: pay on time, keep your balances manageable and check your credit report regularly.

You are not behind. You are building.