WebCredit Score Ranges. Trying to interpret a credit score without knowing its score range is a little like dressing to go outside when you're told the temperature is 30, but not whether that's in degrees Fahrenheit or Celsius. Knowing which scale to apply makes a huge difference. In that light, consider a credit score of 700. WebAug 30, 2024 · Generally speaking, 690 to 719 is a good credit score on the commonly used 300-850 credit score range. Scores 720 and above are considered excellent, while scores 630 to 689 are considered fair.

Credit reports and scores - Canada.ca

WebFeb 7, 2024 · The most common credit scores feature a scale of 300 to 900 in Canada. On that scale, a credit score between 660 to 724 is generally considered “good.” WebStarting a new year right ? Let’s learn something today. They say knowledge is power, so here you go. What is a credit score? In Canada, credit scores range… temperature in reading uk now

Credit Score Ranges in Canada: How to Interpret Your Score

WebAug 23, 2024 · A credit score is an important financial tool that measures how likely you are to repay your loans as agreed. In Canada, credit scores scale from 300 which is very poor, to 900 which is the best. According to Equifax, one of the major credit bureaus in Canada, a 650 credit score is classified as “fair,” on a scale from “poor” to ... WebYour credit score is calculated using a formula based on your credit report. Note that you: get points if you use your credit responsibly. lose points if you have trouble managing … WebYour credit score falls into one of five categories: Did you know? The average Canadian has a credit score of 667^. In Canada, the highest credit score you can get is 900. … temperature in reading berkshire