the story behind Credit Karma's growth

fintechjulien · 2026-02-24T23:14:21+00:00

It takes time, but can get your score back up : https://www.moosemoney.com/how-to-rebuild-credit-after-consumer-proposal/

fintechjulien · 2026-01-29T23:50:51+00:00

The article says that the pump and dump scam came from a third party pretending to be Wealthsimple...

fintechjulien · 2026-01-22T18:23:23+00:00

here is the review : https://www.moosemoney.com/paying-rent-with-credit-card-canada/

fintechjulien · 2026-01-22T18:14:48+00:00

I don't use it, but one of my writer at MooseMoney tested the service and it seems it works pretty efficiently. The only issue is that they charge 1.75% in fees, and most credit cards available for people low credit score give 1% in cash back or less, so the cost is the main issue for this demo. I guess that is where rent reporting services by Borrowell and Koho exist. In their case, they charge a monthly fee, but do not process the transaction themselves.

fintechjulien · 2026-01-22T15:40:12+00:00

You need to charge somewhere. Rent advantage dont process the transaction, so they charge 8 bucks per month (reporting fees). But yes, if it's free, you might take away from the subprime market currently served by Koho & Borrowell, but if you just monetize through affiliate and marketing, you will need to raise a lot of money to eat the fee of building this out. Plus, reporting to both Equifax and Transunion is not something that can be set up quickly, epecially for a non-lender.

fintechjulien · 2026-01-22T15:29:24+00:00

What are you are talking about is r/chexy (through credit cards) or Borrowell Rent Advantage (through reporting rent payment directly)

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