{"id":696,"date":"2023-11-18T02:30:39","date_gmt":"2023-11-18T02:30:39","guid":{"rendered":"http:\/\/localhost\/mrc_blog\/credit-building\/what-is-a-good-credit-score-in-canada\/"},"modified":"2025-07-20T14:38:05","modified_gmt":"2025-07-20T18:38:05","slug":"what-is-a-good-credit-score","status":"publish","type":"post","link":"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/","title":{"rendered":"What is a good credit score in Canada?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#Credit_score_range\" title=\"Credit score range&nbsp;\">Credit score range&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#How_is_your_credit_score_calculated\" title=\"How is your credit score calculated?\">How is your credit score calculated?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#i\" title=\"&nbsp;\">&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#Why_is_it_important_to_have_a_good_credit_score\" title=\"Why is it important to have a good credit score?\">Why is it important to have a good credit score?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#i-2\" title=\"&nbsp;\">&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#How_to_maintain_a_good_credit_score\" title=\"How to maintain a good credit score?\">How to maintain a good credit score?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#i-3\" title=\"&nbsp;\">&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#How_to_find_out_your_credit_score\" title=\"How to find out your credit score?\">How to find out your credit score?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/#Neo_Secured_Credit\" title=\"Neo Secured Credit\">Neo Secured Credit<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">3<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"696\" class=\"elementor elementor-696\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b48eae9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b48eae9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-175b0b9\" data-id=\"175b0b9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55b0bd7e elementor-widget elementor-widget-text-editor\" data-id=\"55b0bd7e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>A credit score is a three-digit number based on the calculations in your credit report. Your score represents how well you manage credit. In Canada, a score can range from 300 to 900. The higher your <a class=\"wpil_keyword_link \" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/credit-score\/\"  title=\"credit score\" data-wpil-keyword-link=\"linked\">credit score<\/a>, the better.<\/p>\n<p>Lenders look at your credit score to gauge whether you qualify for a loan or not.<\/p>\n<p><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Credit_score_range\"><\/span><strong>Credit score range&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>760-900:&nbsp;Excellent<\/strong><\/p>\n<p><strong>690-759: Good<\/strong><\/p>\n<p><strong>660-689: Fair<\/strong><\/p>\n<p><strong>560-659: Below Average<\/strong><\/p>\n<p><strong>300-559:&nbsp;Poor<\/strong><\/p>\n<p><\/p>\n<p><strong>760-900:&nbsp;Excellent<\/strong><\/p>\n<p>Applicants who have a credit score within this range are most likely to receive the best interest rates and most favorable terms by lenders.<\/p>\n<p><strong>690-759: Good<\/strong><\/p>\n<p>Applicants who have a credit score within this range are likely to be approved for credit at competitive rates.<\/p>\n<p><strong>660-689: Fair<\/strong><\/p>\n<p>Applicants who have a credit score at the lower end of this range may be approved for credit, but likely not at competitive rates. Those at the higher end of the range are likely to get better rates.<\/p>\n<p><strong>560-659:&nbsp;Below Average<\/strong><\/p>\n<p>Applicants who have a credit score within this range may be approved for some credit, however the interest rates will be higher than standard and additional conditions might apply<\/p>\n<p><strong>300-559:&nbsp;Poor<\/strong><\/p>\n<p>Applicants who have a credit score within this range will not likely be approved for credit and may have been in the following scenarios (charge off, collection accounts, defaulting on a loan, bankruptcy and foreclosure).It will be difficult to get approved for any lending products such as <a href=\"\/best-credit-cards-canada\">credit card<\/a>, loan or line of credit.A great option would be <a href=\"\/best-credit-cards\/best-secured-credit-cards-canada\">secured credit cards <\/a>or&nbsp;<a href=\"https:\/\/myratecompass.ca\/loans\/secured-loans\" target=\"_blank\" rel=\"noopener\">secured loan<\/a>.<\/p>\n<p><\/p>\n<p>Although different banks and lenders have their own standards for rating credit scores, a score of 700 and above is usually considered good and gives you access to better interest rates.<\/p>\n<div>\n<div>&nbsp;<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_is_your_credit_score_calculated\"><\/span><strong>How is your credit score calculated?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><strong>&nbsp;<\/strong><\/div>\n<p>There is little information provided on how credit bureaus calculate your credit score. CRAs consider this information their \u201csecret.\u201d However, they provide a list of factors that affect your credit rating. These are:<\/p>\n<ol>\n<li><strong>Payment History \u2013&nbsp;<\/strong>A good record of on-time credit payments will boost your rating. Paying late will have a negative impact on your score. Delinquencies also have a similar effect.<\/li>\n<li>&nbsp;<\/li>\n<li><strong>Utilization and Balances \u2013&nbsp;<\/strong>A credit card balance above 50% of your credit limit will negatively impact your rating. Avoid maxing out your credit and aim for balances under 30%, according to TransUnion.<\/li>\n<li>&nbsp;<\/li>\n<li><strong>Credit History<\/strong>&nbsp;\u2013 You earn more points the longer you have your account\/s opened. Avoid closing any account if you plan on applying for a loan in the future.<\/li>\n<li>&nbsp;<\/li>\n<li><strong>Credit Inquiries<\/strong>&nbsp;\u2013 Too many credit inquiries and applications in a short timespan make it look like you are desperate for financial help. Avoid applying for credit unless you need it.<\/li>\n<li>&nbsp;<\/li>\n<li><strong>Credit Mix<\/strong>&nbsp;\u2013 A good combination of credit accounts and loans make a healthy credit profile. Try a mix of retail store cards,&nbsp;<a style=\"background-color: #ffffff;\" href=\"https:\/\/myratecompass.ca\/loans\" target=\"_blank\" rel=\"noopener\">personal loans<\/a>, a&nbsp;<a style=\"background-color: #ffffff;\" href=\"https:\/\/myratecompass.ca\/loans\/lines-of-credit\" target=\"_blank\" rel=\"noopener\">line of credit<\/a>,&nbsp;<a style=\"background-color: #ffffff;\" href=\"https:\/\/myratecompass.ca\/mortgages\" target=\"_blank\" rel=\"noopener\">mortgage<\/a>, etc. instead of sticking to only&nbsp;<a style=\"background-color: #ffffff;\" href=\"https:\/\/myratecompass.ca\/credit-card-comparison-tool\" target=\"_blank\" rel=\"noopener\">credit cards<\/a>.<\/li>\n<\/ol>\n<div>&nbsp;<\/div>\n<h2><span class=\"ez-toc-section\" id=\"i\"><\/span><strong>&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Why_is_it_important_to_have_a_good_credit_score\"><\/span><strong>Why is it important to have a good credit score?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<div><strong>&nbsp;<\/strong><\/div>\n<p>Your credit score is used by employers, landlords, utility companies, insurers, and lenders to assess your credit behavior. It is an important aspect of your financial profile because it affects decisions when:<\/p>\n<ul>\n<li>Applying for a job<\/li>\n<li>Applying for a&nbsp;<a href=\"https:\/\/myratecompass.ca\/loans\" target=\"_blank\" rel=\"noopener\">loan<\/a><\/li>\n<li>Applying for an apartment or rental housing<\/li>\n<li>Renting a vehicle<\/li>\n<li>Getting insured<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"i-2\"><\/span><strong>&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><strong>&nbsp;<\/strong><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_maintain_a_good_credit_score\"><\/span><strong>How to maintain a good credit score?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<ul>\n<li>Always pay your bills on time<\/li>\n<li>Don&#8217;t close your old <a class=\"wpil_keyword_link \" href=\"https:\/\/myratecompass.ca\/credit-cards\/by-category\"  title=\"credit cards\" data-wpil-keyword-link=\"linked\">credit cards<\/a>, keep them to maintain a longer credit history<\/li>\n<li>Limit your applications for new credit as it could impact negative impact on your credit score<\/li>\n<li>Keep your credit card balances low (Your balances should be around 30% of your credit limit)<\/li>\n<li>Keep an eye on your credit report and ensure that any&nbsp;<a href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/how-to-dispute-credit-report-error\/\" target=\"_blank\" rel=\"noopener\">errors are corrected<\/a>. Order your credit report from each credit bureau at least once per year.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"i-3\"><\/span><strong>&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><strong>&nbsp;<\/strong><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_find_out_your_credit_score\"><\/span><strong>How to find out your credit score?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<p>You can find out your credit score for a fee from these credit bureaus:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.consumer.equifax.ca\/home\/en_ca\" target=\"_blank\" rel=\"nofollow noopener\">Equifax<\/a><\/li>\n<li><a href=\"https:\/\/track.flexlinkspro.com\/a.ashx?foid=1167157.140931583&amp;foc=1&amp;fot=9999&amp;fos=1\" target=\"_blank\" rel=\"nofollow noopener\">Transunion<\/a><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5318e10a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5318e10a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22f3004c\" data-id=\"22f3004c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f6bd0dc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6bd0dc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-5f818e6a\" data-id=\"5f818e6a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32d35001 elementor-widget elementor-widget-heading\" data-id=\"32d35001\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Neo_Secured_Credit\"><\/span>Neo Secured Credit<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-322478a4 elementor-widget elementor-widget-text-editor\" data-id=\"322478a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>With <strong>guaranteed approval<\/strong>\u00a0and <strong>no annual fees<\/strong> you can start building your credit and earning unlimited, instant cashback.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ff14651 elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"2ff14651\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/go.myratecompass.ca\/neosecuredbanner\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Go to site <\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-354c9806\" data-id=\"354c9806\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69278122 elementor-widget elementor-widget-image\" data-id=\"69278122\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"406\" height=\"342\" src=\"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/neo-secured.png\" class=\"attachment-large size-large wp-image-11109\" alt=\"\" srcset=\"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/neo-secured.png 406w, https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/neo-secured-300x253.png 300w, https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/neo-secured-297x250.png 297w\" sizes=\"(max-width: 406px) 100vw, 406px\" style=\"width:100%;height:84.24%;max-width:406px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">3<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span> A credit score is a three-digit number based on the calculations in your credit report. Your score represents how well you manage credit. In Canada, a score can range from 300 to 900. The higher your credit score, the better. Lenders look at your credit score to gauge whether you qualify for a loan or&hellip; <a class=\"more-link\" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/what-is-a-good-credit-score\/\">Continue reading <span class=\"screen-reader-text\">What is a good credit score in Canada?<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[5],"tags":[21],"class_list":["post-696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-building","tag-blog-post-template-1-main-template-to-use","entry"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",150,97,false],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",300,194,false],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",750,484,false],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",750,484,false],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",388,250,false]},"post_excerpt_stackable":"<p>Table of Contents Credit score range&nbsp;How is your credit score calculated?&nbsp;Why is it important to have a good credit score?&nbsp;How to maintain a good credit score?&nbsp;How to find out your credit score?Neo Secured Credit Reading Time: 3 Min A credit score is a three-digit number based on the calculations in your credit report. Your score represents how well you manage credit. In Canada, a score can range from 300 to 900. The higher your credit score, the better. Lenders look at your credit score to gauge whether you qualify for a loan or not. Credit score range&nbsp; &nbsp; 760-900:&nbsp;Excellent 690-759:&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/credit-building\/\" rel=\"category tag\">Credit Building<\/a>","author_info":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",150,97,false],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",300,194,false],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",750,484,false],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",750,484,false],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",924,596,false],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg",388,250,false]},"post_excerpt_stackable_v2":"<p>Table of Contents Credit score range&nbsp;How is your credit score calculated?&nbsp;Why is it important to have a good credit score?&nbsp;How to maintain a good credit score?&nbsp;How to find out your credit score?Neo Secured Credit Reading Time: 3 Min A credit score is a three-digit number based on the calculations in your credit report. Your score represents how well you manage credit. In Canada, a score can range from 300 to 900. The higher your credit score, the better. Lenders look at your credit score to gauge whether you qualify for a loan or not. Credit score range&nbsp; &nbsp; 760-900:&nbsp;Excellent 690-759:&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/credit-building\/\" rel=\"category tag\">Credit Building<\/a>","author_info_v2":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num_v2":"0 comments","jetpack_featured_media_url":"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/My-rate-compass-credit-score-range-image.jpg","_links":{"self":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/comments?post=696"}],"version-history":[{"count":16,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/696\/revisions"}],"predecessor-version":[{"id":15797,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/696\/revisions\/15797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media\/697"}],"wp:attachment":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media?parent=696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/categories?post=696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/tags?post=696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}