TURBOTAX CREDIT SCORE INTUIT FOR FREE

The important thing is, that you know how it’s changing and why. On the other hand, paying your balance on a credit card and missing payments can have a negative effect.

Using your refund to pay down credit cards and loans can help you build a stronger score. While the outcome of filing your taxes doesn’t have a direct impact on your credit score, deciding what to do with your refund or how you pay your balance might. In fact, your credit score is an important part of your financial life. It’s a common misconception that checking your credit score hurts your credit score – it’s not true.

TURBOTAX CREDIT SCORE INTUIT FOR FREE

If you’re looking to reach your goals or just want to get closer to your money, you can do it all for free with Mint. Save for a home, crush debt, and prepare for the future. Track bills to help you make sure you never miss a due date. See where all your money goes by easily adding your cash, credit cards, investments and billsĭon’t pay more than you need to. Mint is a great way to make the most of your hard-earned refund. See when your refund hits your bank account, track the performance of any investments or get notified of fees or when a bill is due. Mint, Canada’s #1 personal finance app, gets you closer to your money. While there are lots of good options for what to do with your refund like paying off debt, investing in a high interest savings account or investments like a TFSA or RRSP, for some the first step is knowing where you stand and Intuit has a couple of great apps to do just that: Mint and Credit Karma. There’s a reason why filing income taxes is described as “the golden moment for savings.” And like the dawn of a New Year, preparing and filing your taxes is another great opportunity to make some financial resolutions.

It’s like the New Year’s Eve of finances (except without the countdown, noise makers and champagne). While receiving your refund is exciting, filing your taxes also caps off your financial year. This year, your tax refund is as important as ever. For many Canadians this is the biggest paycheque they’ll receive all year.

The vast majority of taxpayers receive a tax refund averaging about $2,000.

Turbotax credit score intuit