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. The Financial Post says that as a millennial herself, aged 32, Chapman says although she would rather her generation did not have debts “they do need to build up their credit history.”