What credit score do new Canadians start with?

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What credit score do new Canadians start with?

Rounding it up

  • If you’re new to Canada, you won’t have any credit upon arrival.

  • That’s because your credit history from your country of origin — good or bad — won’t transfer with you to Canada.

  • Don’t stress! There are simple ways to build your Canadian credit score, like applying for a secured credit card or getting a cellphone plan.

  • Also understand what determines your credit score, because that will vary country by country.

8 min read

Jennifer Weksler
#newcomer#credit#credit history#immigration

Jennifer Weksler

Jennifer is a freelance writer and editor who also teaches high school English in her hometown. She enjoys learning, laughing, and being a mom to her two beautiful daughters ... and her rescue dogs.

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