Is 745 A Good Credit Score In Canada?

Is 745 A Good Credit Score In Canada?

A 745 credit score is right on the border between “good” and “excellent” credit.

In fact, the traditional school of thought is that good credit goes from a score of 660 to 719, while excellent credit spans from 720 to 850.

Is 725 a good credit score in Canada?

The higher your credit score: The lower you are deemed a risk to lenders; the more likely you are to be approved for a small business loan; and the lower your interest rates will be. 660 to 724 – Good Credit Score. 725 to 759 – Very Good Credit Score. 760+ – Excellent Credit Score.

Is a credit score of 745 good?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 745 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders’ better interest rates and product offers.

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