Credit Score Ranges In CanadaĪs we mentioned above, there is no definitive model for what certain credit scores mean to all lenders and creditors. Additionally, your Equifax credit scores might be different from your TransUnion scores. Furthermore, the credit scores a lender sees are different from those that you might have access to. This means that what one lender considers to be a ”good” credit score will not be the same for another lender. Of course, there are many different types of credit scores and scoring models. These are five common factors used to calculate your credit score in Canada: Payment history, debt-to-credit ratio, public records, credit history and credit inquiries.Ī good credit score range is usually between 660 to 900.You can get your credit score in Canada for free from Equifax, Transunion (QC only), Loans Canada CompareHub, Borrowell, and other third-party service providers.If you check your credit with two different providers, you may see two different scores. All credit score providers have their own scoring models. Bad credit scores range from 659 to 300. ![]()
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