Credit Scores Explained: What the Numbers Mean

Illustration for the article: Credit Scores Explained: What the Numbers Mean

A credit score is a three-digit number that summarizes your credit report. In Canada, scores generally range from 300 to 900. A higher number tells lenders you are lower risk. A common guide:


760-900: excellent

725-759: very good

660-724: good

560-659: fair

300-559: poor
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