Learn Credit Scores in Canada

Credit Scores in Canada

Credit scores in Canada range between 300 and 900. They are calculated based on the information in your credit report. Lenders use them to determine your creditworthiness. Your score says a lot about how you manage your finances. It also affects the type of credit you’re approved for and even what kind of purchases you can make.

What is a Good Credit Score?

Your score says a lot about how you manage your finances. This guide will thoroughly examine what a good score is, how this is calculated, factors that affect it, and much more.

Learn more
How to Improve Your Credit Score

If you want to boost your credit score, here are 12 steps you can easily follow. Don’t wait until your credit score reaches a concerning level to start doing something about it.

Learn more
How to Check Your Credit Score

To check your credit score in Canada, you can purchase it from credit bureaus like Equifax and TransUnion. You can also get it for free from your bank or online organizations.

Learn more
What is a Bad Credit Score?

What exactly is a bad credit score, and what makes it bad? A credit score of less than 579 is considered bad by most lenders. However, here are some of the quickest ways to improve your poor credit score.

Learn more
What is in a Credit Report?

A guide to understanding the information included in a credit report in Canada. Find out how to benefit from your credit report and how to request your copy.

Learn more
Why did my credit score drop?

Discover the reasons why your credit score might have dropped and what you can do to improve it.

Learn more
Creditor Monitoring - What are your options?

Find out more about creditor monitoring, what it is and how it can help you manage your financial reputation including protecting yourself against fraud.

Learn more