Quick Answer: How Do I Get A High Credit Score In Canada?

Quick Answer: How Do I Get A High Credit Score In Canada?

In Canada, credit scores range from 300 (just getting started) up to 900 points, which is the best score.

According to TransUnion, 650 is the magic middle number – a score above 650 will likely qualify you for a standard loan while a score under 650 will likely bring difficulty in receiving new credit.

Is 720 a good credit score in Canada?

A credit score of 641-680 is fair: You may qualify for that loan or credit card, but your rate will be relatively high. A credit score of 720-850 is excellent: At this level you get the best rates on credit cards, car loans, and home mortgages. Above 720 is generally considered a “perfect” score.

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