Credit Score

A number, usually 300 to 900, summarizing credit risk.

A credit score is a number that summarizes the information in a credit report, generally ranging from 300 to 900 in Canada, with higher being better. It is driven mostly by payment history and how much of your available credit you use. There is no single cutoff to rent or borrow, and lenders and landlords weigh it alongside income and references. The number behind it, a clean payment history, matters more than hitting an exact figure.

General information only, not legal, tax, or financial advice. Rules change and vary by province; confirm the current details with the relevant authority before you rely on them.