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What is an excellent credit score canada


In Canada, according to Equifax, a good credit score is usually between 660 to 724. If your credit score is between 725 to 759 it's likely to be considered very good. A credit score of 760 and above is generally considered to be an excellent credit score. The credit score range is anywhere between 300 to 900.

Does anyone have a 900 credit score Canada?

Yes, there are people in Canada who have a perfect 900 credit score. However, credit scores are in constant flux from one month to the next. It's hard to know how many people have a perfect 900 credit score at any given time. But we do know that 61% of Canadians have a very good credit score or better.

What does a 850 credit score mean Canada?

In Canada, an 850-credit score is excellent. More than likely, you are someone who pays back their debt on time, has a low credit utilization rate and has a long credit history. If you have a credit score of 850, you're more likely to qualify for lower interest rates, credit cards, loans, and other financial products.

What does 720 credit score mean Canada?

Credit scores are calculated using information in your credit report. Credit scores from 660 to 900 are generally considered good, very good, or excellent. There's no magic number to reach when it comes to receiving better loan rates and terms.

Is a 780 credit score good in Canada?

In Canada, your credit score ranges from 300 to 900, 900 being a perfect score. If you have a score between 780 and 900, that's excellent. If your score is between 700 and 780, that's considered a strong score and you shouldn't have too much trouble getting approved with a great rate.




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CREDIT SCORE - Luminus Financial - Campaigns campaigns luminusfinancial com/wp-content/uploads/2018/04/02_B_Infographic_Luminus pdf Consumer Agency of Canada CBC News A longer history of good credit habits raises Today credit scores can affect a lot more than just loans:

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