Average credit score in Canada: what is known and what is not
Quick summary
You will see 679 quoted as the average Canadian credit score. That number comes from Borrowell members, not from all Canadians, and Borrowell does not say how it was measured. Equifax and TransUnion do not publish one official national average on the pages we read. Want to compare your own score with the bands lenders use? See what a good credit score is.
Checked November 3, 2026. Main source: Borrowell: What is the average Canadian credit score? (Feb. 4, 2026). See all 3 sources.
The number people quote
Borrowell, a Canadian company that gives members a free score, wrote in an article dated February 4, 2026: "According to 2026 data from over 4 million Borrowell members, the average Canadian credit score is 679."
KOHO repeats the same 679 on its own page and names Borrowell as the source.
| Figure | Who published it | What it covers | Source |
|---|---|---|---|
| 679 | Borrowell, February 4, 2026 | Borrowell members (over 4 million). Not all Canadians | Borrowell article |
| 679 | KOHO, repeating Borrowell | Same Borrowell figure | KOHO page |
Sources: Borrowell: What is the average Canadian credit score? (Feb. 4, 2026); KOHO: Average Canadian credit score. Read November 3, 2026.
Why 679 is not the national average
- It only covers people who signed up for Borrowell. People who check their score often can be different from the whole country.
- Borrowell's article does not say whether 679 is a mean or a median, or which scoring model it used.
- Different companies use different models, so the same person can have different scores in different apps.
Source: Borrowell: What is the average Canadian credit score? (Feb. 4, 2026).
What the credit bureaus publish
TransUnion publishes a quarterly report on Canadian credit trends. The Q2 2026 summary we read shows a market health index and does not give an average score or the share of people in each score band.
We did not find a single national average on the Equifax or TransUnion pages we read. If one is published later, we will add it here.
Source: TransUnion Canada: Q2 2026 Credit Industry Insights infographic. Read November 3, 2026.
How to judge your own score
- Look at the score band, not the average. Lenders use bands and their own cut-offs.
- Check which company and model your app uses. A score from one app may not match what a lender sees.
- Get your free credit report from both bureaus and read it for mistakes.
- Pay on time and keep card balances low. Those two habits matter most.
When this page is updated
We check for new official figures on the 1st of every month. The last check was November 3, 2026.
Questions people ask
What is the average credit score in Canada?
There is no official national average on the Equifax or TransUnion pages we read. Borrowell says the average among its members is 679, in an article dated February 4, 2026.
Is 679 a good score?
It depends on the scoring model and the lender. Look at the score bands in the good credit score guide, because lenders use bands and their own cut-offs.
Why do different websites give different averages?
Each one uses its own members or data and its own scoring model. None of them is a count of every Canadian.
How do I find my own score for free?
Many banks, apps and the bureaus offer a free score. You can also order your free credit report from Equifax and TransUnion. See the free credit report guide.
Does my age or province change the average?
We did not find an official figure by age or province on the bureau pages we read, so we do not give one.