Credit score
A 900 credit score is perfect and basically the holy grail of scores. A credit score is a measure of your creditworthiness. It is a three-digit number that tells a lender if you are fit to be given a loan. A higher credit score shows that you are more likely to repay your debt as […]
In Canada, a 780 credit score is considered very good, and just 20 points shy of that coveted 800 score. Your credit score is significant in accessing loans and other financial benefits, and it plays an important role in securing a loan for things like a car or house. Even getting a cell phone plan […]
Do you have a 720 credit score? That’s great! Well, actually it’s good. A credit score is a three-digit number somewhere between 300 to 900 that summarizes your creditworthiness. A higher credit score increases your chance of getting a loan from a lender, while a low credit score makes it a lot harder. Your credit […]
Your credit score can affect your everyday life, from shopping at the grocery store to buying a car or renting an apartment. A credit score is a three-digit number that creditors use to ascertain the likelihood of paying your bills on time. In Canada, a credit score falls between 300 to 900. The higher your […]
A 650 credit Score in Canada is considered below average, but it’s easy to move up the ranks! A credit score is an important financial tool that measures how likely you are to repay your loans as agreed. In Canada, credit scores range from 300 which is very poor, to 900 which is the best. […]
Ah, credit, where would we be without it? If you are reading this, we can presume that you have a credit score in the 500 range or are just curious about what options are available. In either case, you are in the right spot. Can you take out a mortgage with a credit score of […]
An 800 credit score isn’t the highest one in Canada, but it might as well be. At this point, you get all the same perks as someone with the holy grail of scores. On the exhilarating journey to financial independence, a high credit score unlocks a ton of financial perks and opportunities. It’s not just a […]
Canadians excel at a lot of things but maintaining a good credit score can be tough for anyone. A credit score between 660 and 900 is generally considered good. The higher the score, the better! Find out how a good credit score can help you. Establishing credit scores Credit scores are calculated by two different […]
If you’ve recently checked your credit score, you might find yourself wondering what the number means. Or maybe you want to know how you can increase your credit score so you can achieve your financial goals. Different lenders have different ideas about what credit score is good versus excellent, or average versus poor. Some lenders […]
What does a 600 credit score mean and how does it impact your life? A credit score is a three-digit number that lenders and creditors use to evaluate how well you can manage debt. When you apply for a loan, the creditor will use your credit score to assess the likelihood you will repay the […]
Borrowing funds from a creditor requires some trust, and your good credit score can create wonderful opportunities for you. How would you feel knowing you qualify for certain loans and mortgages on the basis of your credit score? Excited, right? Unfortunately, most of us don’t think about our credit score until we are about to […]
A 730 credit score means you’re moving up in the world. It’s so close to the next bracket of “very good” credit scores that unlock more perks for you. A credit score is a three-digit number, between 300-900, that represents a borrower’s creditworthiness. To keep up the good work, register with ClearScore to get tips on how to […]