Former mortgage broker becomes “financial fitness coach”

Chantel Chapman has been appointed as the “financial fitness coach” for Vancouver-based online lender Mogo.

Chapman, a former mortgage broker in the city, is particularly keen to help millennials get their finances in order. She says that simple measures such as using a credit card for certain bills but clearing the balance each month can help build a good credit rating to assist later when applying for a mortgage.

As a millennial herself at age 32, Chapman says although she would rather her generation did not have debts “they do need to build up their credit history," according to The Financial Post.

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