FICO Score for Canada

[ineedcreditbad]

Guys,

Any idea from where can you get all three FICO scores for Canadian residents.

Thanks

Ed

[haulingthescoreup]

I don't believe that you can get reports and FICO scores without a US address, or at any rate, without an SSN.

If you're asking about a Canadian equivalent, or how they determine credit-worthiness, I am utterly clueless!

[Barry]

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ineedcreditbad wrote:

Guys,

Any idea from where can you get all three FICO scores for Canadian residents.

Thanks

Ed

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Only two of the credit bureaus in Canada -- Equifax and TransUnion -- offer FICO scores.  They can be contacted at:

http://www.transunion.ca/

http://www.equifax.com/home/en_ca

[haulingthescoreup]

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@Barry wrote:

Only two of the credit bureaus in Canada -- Equifax and TransUnion -- offer FICO scores. They can be contacted at:

http://www.transunion.ca/

http://www.equifax.com/home/en_ca

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Barry, this is interesting! Are these US FICO scores for Canadian residents, or are these Canadian scores? I had always read that unless you have a US address, you can't get a FICO score.

[Barry]

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haulingthescoreup wrote:

Barry, this is interesting! Are these US FICO scores for Canadian residents, or are these Canadian scores? I had always read that unless you have a US address, you can't get a FICO score.

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These are Fair Isaac-developed scores based on Canadian consumer credit bureau information that are used by lenders in Canada.  The scores are similar to US FICO scores  -- similar scoring factors, higher the score the lower the risk, etc. -- but have different ranges.

As for whether you can get a FICO score without a US address...you can, but it won't be a US FICO score, which you'll need to get credit in the US.  Does than make sense?

Message Edited by Barry on 04-21-2008 08:25 PM

[ineedcreditbad]

Thanks Barry appreciate your help.

Ed

[dfpi]

Barry,
We just expanded our education organization into Canada and there seems to be some confusion on where Canadian residents can get their Fico scores, as opposed to non-Fico scores. Are the bureaus there selling the real Fico score or does MyFico.com offer scores to Canadian residences.

Travis Mitchell
Debt Free Project International

[Barry]

dfpi wrote:
Barry,
We just expanded our education organization into Canada and there seems to be some confusion on where Canadian residents can get their Fico scores, as opposed to non-Fico scores. Are the bureaus there selling the real Fico score or does MyFico.com offer scores to Canadian residences.

Travis Mitchell
Debt Free Project International

Hi Travis....myFICO only sells US FICO scores to consumers having US addresses.  To find out if Canadian consumers can obtain their own Canadian FICO scores, I'd suggest contacting Equifax Canada and TransUnion in Canada.  Unfortunately, I don't know if these bureaus make their FICO scores available directly to consumers, but I do know they provide FICO scores developed by Fair Isaac to Canadian lenders.  Let us know what you find out, and feel free to PM me if you're unsuccesful in your efforts, as I may be able to find out more for you.  Good luck!

[Anonymous]

I'm a Canadian who lives in the US. Back when I lived in Canada, the procedure was basically the same as the US. Equifax.ca and for a fee it would give you your credit report and FICO score. The scoring methods and percentages per type (debt/credit, history etc) are the same as far as I know. The only difference is that the maximum FICO score is higher in Canada. And yes, you can get your FICO score as a consumer. Same as in the US.