{"id":12625,"date":"2021-02-16T23:58:23","date_gmt":"2021-02-17T07:58:23","guid":{"rendered":"https:\/\/www.al6400.com\/blog\/?p=12625"},"modified":"2021-02-16T23:58:23","modified_gmt":"2021-02-17T07:58:23","slug":"getting-a-high-credit-score-on-equifax","status":"publish","type":"post","link":"https:\/\/www.al6400.com\/blog\/getting-a-high-credit-score-on-equifax\/","title":{"rendered":"Getting A High Credit Score On Equifax"},"content":{"rendered":"

Recently I decided to check my credit score since a lot of companies are obligated to provide it for free during these times. Every company actually has its own rating system and Equifax Canada is one that I actually have never tried before. So what does the credit score report look like and what do I rank? According to the site, you can get a max high score of 900 and it seems like I am ranked 824 according to this which is excellent.<\/p>\n

\"\"<\/a><\/p>\n

This is considered its \u201cEFX\u201d rating where %57 percent of Canadians have a score of 760+. That\u2019s actually not too bad overall as with all the stories you hear it would sound like 80 percent of the population would be in extreme credit card debt where they can\u2019t pay it off as an example. Although keep in mind a high credit score doesn\u2019t necessarily mean a person has zero debt.<\/p>\n

Although the next report about \u201cDelinquency Rates\u201d is kind of interesting where this is how lenders and credit providers view you in terms of a risk assessment and what type of interest rates you could get. In this report it indicates that being in the 800+ category places me in the top 1% with the majority being within a 300 to 499 score.<\/p>\n

\"\"<\/a><\/p>\n

Honestly, for things like interest rate for credit cards it\u2019s pretty worthless since I pay it off every month in full when I use it. But ultimately they there is a point where the score is probably going to mean the same thing in the end in terms of how one\u2019s credit worthiness is viewed. I can\u2019t help but to treat this like a video game though to see if I could actually get it to 900. Even though there is no practical use for it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Recently I decided to check my credit score since a lot of companies are obligated to provide it for free during these times. Every company actually has its own rating system and Equifax Canada is one that I actually have never tried before. So what does the credit score report look like and what do […]<\/p>\n","protected":false},"author":1,"featured_media":12626,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5],"tags":[],"class_list":["post-12625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-management"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2021\/02\/equifax5.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-3hD","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/12625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=12625"}],"version-history":[{"count":1,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/12625\/revisions"}],"predecessor-version":[{"id":12629,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/12625\/revisions\/12629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/12626"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=12625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=12625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=12625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}