The Mogo Blog

MogoMoney update: on-time payments now help work towards improving your credit

With our mission to empower our members to reach their financial best, we believe those who borrow responsibly should get rewarded. Starting this month, we’ll be reporting MogoLiquid loan payment history to Equifax, one of the two credit bureaus in Canada. That means if you have a MogoLiquid loan and you are making on-time payments, you could see improvement to your credit score. But if you’re missing payments, those little slips can hurt your credit. It’s all about staying responsible with yo

3 ways to improve credit score

Your credit score affects you more than you think — especially when it's time to get approved on exciting life milestones, like buying a car or home. Lenders look at your score to determine your creditworthiness, or how good you are at handling your financial obligations. It’s how they determine how big a mortgage or loan (or how high a credit card limit) to offer you and at what interest rate. Having a low score could result in getting approved at higher interest rates — or even being declined

Congratulations to our fourth (and final) bitcoin contest winner!

Congratulations to Rob R. from Maple Ridge, BC for claiming our fourth and final bitcoin prize valued at $9128.56 at the time of draw! A huge thank you to everyone who participated in our bitcoin contest. To those of you who didn’t win, don’t despair. Our bitcoin contest may now be over, but MogoCrypto has just begun. Your MogoCrypto invite is on its way We’ve officially started rolling out MogoCrypto invites! As a MogoMember, you’re already on the list to receive an invite (and if you’re not

MogoCrypto is here (and what it's all about)

It’s official! We’re currently rolling out invites to MogoCrypto [https://www.mogo.ca/mogo-crypto], an easy way to buy and sell bitcoin in Canada. Be sure to sign up [https://www.mogo.ca/signup] for a free MogoAccount to get on our invite list for MogoCrypto. For the average Canadian, owning bitcoin can be complicated, frustrating, and costly. You have to deal with companies that may not be around tomorrow. It can be difficult to sell your cryptocurrency holdings and withdraw Canadian dollars —

Congratulations to our third bitcoin contest winner!

Congratulations to Candice S. from Sparwood, BC for taking home our third bitcoin contest prize, worth a total of $13,499.98 at the time of the draw. Our final bitcoin contest winner has just been drawn, so stay tuned to find out who the lucky winner is. We’re rolling out early access invites to MogoCrypto soon We’re so stoked that MogoCrypto [https://www.mogo.ca/mogo-crypto] will soon be live to MogoMembers on our invite list (see how you can get on our invite list below)! We know how compli