Credit & Credit Scores

Understand how credit shapes your financial life in Canada.

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Credit & Credit Scores

Why Your Credit Score Matters

Your credit score is one of the most important numbers in your financial life in Canada. It can affect your ability to rent housing, get a cell phone plan, qualify for a car loan, or secure a mortgage. Understanding it puts you in control.

Credit & Credit Scores

What You Will Learn

What are Credit Scores?

How credit works in Canada.

Credit Scores

300–900: what your number means

Credit Products

Cards, loans & lines of credit.

Credit Reports

What’s in your report & how to get it free

Lender Decisions

How banks evaluate your application

Newcomer Tip

In Canada, you have the right to access your credit report for free from both Equifax Canada and TransUnion Canada. Regularly reviewing your credit report can help you identify errors, detect potential fraud, and better understand your financial health.

Checking your own credit report is considered a “soft inquiry” and does not affect your credit score.

Questions? We’re here to help.

Contact us to learn more or find the right support.

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