You must have a credit score of more than 660 in order to buy a house in Ontario via mortgage application. If you have a score that is less than 660, the banks would deem you not to be creditworthy for lending purpose.

There are three credit reporting agencies in Canada: Equifax, TransUnion and Dun & Bradstreet. Equifax, TransUnion are for consumers whereas Dun & Bradstreet is for businesses.

In Canada, there are two major credit reporting agencies for consumers: Equifax and TransUnion. For businesses, the most popular credit reporting agency is Dun & Bradstreet.

If you are a first time credit card applicant with no credit history, you can apply for a student credit card (if aplicable) or a secured redit card. You can also take the help of friends and family for co-signing or joint ownership.

Yes, 650 is a good credit score in Canada. Anything below 650 is classified as a fair credit score.

Does the US-based credit analytics company - Fair Isaac Corporation (FICO) have a base in Canada? Know if FICO score is used in Canada? Yes, FICO score is used in Canada to assess the creditworthiness of a borrower.

The 3 main credit reporting agencies in the USA are TransUnion, Equifax and Experian. Read further to grab useful information on each of the famous Credit Bureaus in The United States of America.

FICO is Fair Isaac Corporation, that gauges your creditworthiness using five major indicators - loan repayment history, current level of debt, length of credit history, blend of loans taken and newly opened credit accounts.

FICO score is an important parameter to check your credit worthiness. According to the findings of Equifax, a FICO score between 660 and 724 is deemed to be good.

Neo Financial was founded by Andrew Chau, Chris Simair, Jeff Adamson and Kris Read. They are also the founders of SkipTheDishes.