How to Check Your Credit Score in Canada Apr 4th

How to go about securing the best rate and plan for your credit card in Canada.
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RWRDS Daily Update Dec 6: You can now redeem Aeroplan points for LCBO purchases + MORE Dec 6th

You can now redeem Aeroplan points for LCBO purchases and Earn 2x Scene+ points at Home Hardware until December 8, 2024. Check out today's points & miles updates here: The post RWRDS Daily Update Dec 6: You can now redeem Aeroplan points for LCBO purchases appeared first on Rewards Canada..... More »
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November 7 Update: Show your Starbucks Holiday Cup to get priority boarding on Alaska Airlines, win tickets to the CFL West Final with Canalta Rewards and 12 new miles & points bonuses + MORE Nov 8th

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The best credit card promotions in Canada for 2023 + MORE Feb 3rd

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How to Check Your Credit Score in Canada
 
Your Canadian credit score can make a big impact on your life, whether it’s to get a phone, apartment rental, or mortgage. The best way to get a sense of your credit situation is to get your credit score and credit report, which will give you a window into your full credit history and how it’s affecting you.
Check out our guide below to understand the mechanics of credit scores and reports, and how to make the right choice when buying one for yourself.
What’s the difference between my credit score and a credit report?
A credit report outlines every loan a person has taken out in the last six years. This includes information such as if bills are paid on time, how much is owed, and how close a person is to their credit limit. On a person’s report, R represents revolving debt, and it is rated from 0 (unknown) to nine (bad debt). An R1 rating means a person pays bills within 30 days, or as agreed. All of this credit info remains on a person’s file for at least six years…

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