Credit score calculator Canada
Estimate credit-score factors using education-focused assumptions rather than a bureau score.
Estimate credit-score factors using education-focused assumptions rather than a bureau score.
Estimate credit-score factors using education-focused assumptions rather than a bureau score.
Estimate your Canadian credit score using the same factor weights Equifax and TransUnion use. This is an educational estimate, not a real bureau pull — for your live score, check it free with Borrowell or your bank.
100 = perfect history. Each 30-day late drops this by ~4 points.
Total balance ÷ total limit across all cards. Under 10% is ideal.
Top ~25% of Canadians. You qualify for everything at the lowest published rates.
What qualifies: Best mortgage rates, top-tier travel cards, highest limits.
Whether you pay on time. Single biggest factor — one 30-day late payment can drop a 750 score by 80–100 points.
Tip: Set autopay for the minimum on every card. Pay the full statement balance manually before the due date.
Balance ÷ limit, per card and overall. Under 30% is good; under 10% is what excellent scores look like.
Tip: Pay before your statement closes (not just before the due date). The bureau sees the statement balance, not your real-time balance.
Average age of your accounts. Older = better. Closing your oldest card hurts.
Tip: Never close your oldest card unless it has an annual fee you can't justify. Downgrade to a no-fee version instead.
Variety of account types — revolving (cards), installment (loans), mortgage. Diversity helps.
Tip: Don't open accounts you don't need. A single card + one loan is enough mix for most Canadians.
Hard pulls (credit applications) drop your score 5–10 points each and stay on file 2–3 years.
Tip: Avoid applying for new credit in the 6 months before a mortgage. Check your own score — it's a soft pull, no impact.
| Band | Range | What it gets you |
|---|---|---|
Poor | 300–559 | Secured credit card or guarantor loan only |
Fair | 560–659 | Sub-prime auto loans and store cards (high APR) |
Good | 660–724 | Most credit cards, prime auto loans, basic mortgages |
Very Good | 725–759 | Premium credit cards, best mortgage discounts |
Excellent | 760–900 | Best mortgage rates, top-tier travel cards, highest limits |
Full breakdown: Credit score ranges explained