Credit for Newcomers in Ontario (2026 Guide)
Everything newcomers settling in Ontario need to know about building a Canadian credit score from zero. Province-specific guide updated 2026.
Credit in Ontario: What newcomers need to know
Ontario has the most developed newcomer credit-building ecosystem in Canada. KOHO, Borrowell (headquartered in Toronto), and Capital One Secured are all directly accessible to Ontario newcomers. The densest concentration of Equifax and TransUnion branches and online services is in the GTA. Newcomers in Ontario typically build their first Canadian credit score faster than in smaller provinces.
Complete guide
For the full national picture — including how credit works for all Canadian newcomers regardless of province — read our complete guide:
CreditCanadian Credit Score Guide for Newcomers →Ontario province guide
For everything newcomers in Ontario need — healthcare, banking, taxes, and key benefits in one place:
ONOntario Newcomer Finance Guide →