Credit Score Canada

Back to learn

What is a good credit score in Canada?

Rounding it up

  • Credit scores are a number between 300 and 900 that serve as a reflection of your credit report and trustworthiness.

  • Scores above 660 typically mean you’re low-risk, and shouldn’t have trouble getting approved for credit.

  • Your credit score is determined by factors like the number and types of bank accounts you have, your credit history, used versus available credit, and payment history.

  • If you’re not at your desired credit score, start by understanding your personal finances, so you can take the right steps towards improving your credit.

5 min read

Erik Helin
#credit#credit building#credit score#credit card

Recent Articles

Bank of Canada raises interest rates

How fast does your credit score go up in Canada?

Will personal loans impact my credit score?

Can I get a personal loan with bad credit?

What kind of loans can I get in Canada?

Should I split my money between banks?

Related articles

How fast does your credit score go up in Canada?

6 mins

Gaby Pilson

Increasing your credit score is no easy task. Here’s some guidance on how long it takes to see your credit rating go up in Canada.

How fast does your credit score go up in Canada?

6 mins

Gaby Pilson

Increasing your credit score is no easy task. Here’s some guidance on how long it takes to see your credit rating go up in Canada.

#credit score

#credit building

#personal finance

#canadian finance

logo.koho

Company

AboutCareersCultureGamerLearnPartnersTravelStatus

Connect

The KOHO Mastercard® Prepaid card is issued by KOHO Financial Inc. pursuant to license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

By using this website, you accept our Terms and Conditions. Follow these links for more information on our Privacy Policy, Accessibility Policy and Multi-Year Accessibility Plan. © 2022 KOHO Financial Inc.