Canada best credit reports in December 2023

ClearScore is on a mission to help you get ahead in life by making the world of finance clearer, calmer and easier to understand.

Find out how likely you are to be accepted for credit in seconds. Build your credit confidence and get a wider range of deals, all through ClearScore. The higher your credit score, the more likely you are to be eligible for a credit card, loan or mortgage. You could even get lower interest rates after improving it.

Credit Verify is used to monitor your credit and inform you about your credit score.

Monthly fee of $34.95 after the trial period ends. Make sure that you know there is an automatic subscription that renews automatically.

Get a $25 bonus for active members. It can be used for a wide variety of things like shopping and travel.

This service is available in Quebec and can be used everywhere else a MasterCard is accepted. Some users operate their Koho account like a bank account. This can be done easily because there are no attached fees to pay monthly. Pay cheques can be directly deposited, and cash is withdrawn through an ATM. This service is not free, though.

Up to 1.2% interest on your spending and savings account. The Savings goals are automated for users. You get insight into your spending through the mobile app. Your cards can also be linked to the mobile app. The service is available in either personal or joint account option. There is 0.5% cash back available on all spending.

To apply, fill out the application form with the relevant details and pick a card colour. Agree to the terms and submit your application, and your card will be sent. The Koho app is available for download. You can use it to load your account online and send Interac e-transfers.

Your Equifax credit score can help lenders, creditors, and others decide whether or not to grant you a loan or a new credit card. Ensuring your Equifax credit report is error-free can help prevent delays in your loan application.

If your credit scores are on the lower end, there are some actions you can take to help boost your scores and increase your chance of being approved for a loan at a better interest rate.

With Equifax Complete Premier and Equifax Complete Friends and Family, recover from ID theft, help restore your identity and cover up to $1 million in related expenses (certain conditions, restrictions and exclusions may apply).