What your credit score means

What does your credit score mean?

You probably have a general idea of what a credit score is, but do you know how it’s calculated and what it really means? Thankfully, Credit Squirrel breaks it down for us in this helpful infographic.

As you’ll see, there are two main credit bureaus in Canada. You can get one free credit report per year from them (here are instructions for Equifax and TransUnion), but this doesn’t include your actual credit score (that costs about $15).

What is a credit score
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