The average credit score in Canada is 650. More than half of Canadians have scores above 750, while 3% have credit scores below 520. This latter figure qualifies as an extreme risk rating. Canadians with credit scores below 650 often have trouble getting auto loans. Many lenders want borrowers to have an average credit score, at least,…

Did you know that the average credit score in Canada is 676? Usually, auto loan financing requires you to have a relatively good credit score. However, there is still a chance to do this even if your credit score is bad, although it will be a bit more of a challenge. If you are wondering how…