Understanding how credit works and knowing the terminology can help you reach your financial goals and save you money. This section is a great place to get started—it includes an overview of credit, how interest rates work, questions and answers about credit ratings, borrowing tips and more.
Explore frequently asked questions about several general credit topics.
Find answers to commonly asked questions about credit ratings—including the credit bureaus, your credit report and more.
Explore the various factors that impact interest rates and get tips on qualifying for lower rates.
Understand how RBC Royal Bank® evaluates credit applications and get tips for increasing your chances of being approved.
Apply these five principles to get more for your money and meet your borrowing goals.
For tips and expert advice on managing your credit, call 1-800-769-2511 to talk to a credit specialist.