What your credit score is used for:
Your creditworthiness, or your likelihood to repay credit, is determined by your credit score. Banks and lenders commonly evaluate this widely-accepted and legitimate score when you seek their products.
A high credit score can increase your eligibility for credit cards and loans with lower interest rates, and even help you qualify for a mortgage. Conversely, a poor credit score could lead to rejection for these financial products.
Careful Assist can help you effortlessly review your credit score at no cost and examine which credit cards, loans, and mortgages align with your score. Register for free to evaluate your chances of approval from more than 50 lenders in Canada.
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