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How to build credit history as a newcomer to Canada
Rounding it up
A credit score is a number between 300 and 900 based on your credit history, or your history of repayment.
Building credit as a newcomer can be difficult since your credit history does not travel with you. That means you’ll have to build credit from scratch upon your arrival.
You can do so by buying a cell phone, applying for a credit card, keeping up with your expenses, and using credit building tools.
Also make sure to pay your bills on time and avoid predatory payday loans — establishing a financial history is within reach.


Chrissy Kapralos
Chrissy is a freelance writer and editor who is passionate about making financial education accessible. She is also a communications advisor for the Ontario Ministry of Energy, Northern Development and Mines. When she isn't writing, you can find her practicing yoga or watching horror movies.
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