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Government of Canada / Gouvernement du Canada

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Finding Details Participants in a financial coaching program improved their credit score by 4% on average after 3 months.

Sample size

  • 141

Initiative

Collection dates

  • September 01, 2022 to February 29, 2024

Adopter

Related priorities

This finding relates to the following National Financial Literacy Strategy priorities and target outcomes: 

Priority 4

Enhance access to trustworthy and affordable financial help

  • Target outcome 4.2
Related headlines
Headline

Tailored financial education can improve debt and finance management.

Financial education tailored to individual needs equips people with the skills to make informed decisions about their unique financial situation.

The analysis is based on research and the findings supplied by the adopters of the National Financial Literacy Strategy Measurement Plan. The related findings can be found at the bottom of this page.

Source: Credit Canada GOLD, FinLit U
Related measures

The measure(s) below make up the Strategy-Aligned Measure (SAM) used to generate this finding. Please note that some SAMs require the use of multiple measures, while others work as a standalone measure. Refer to the Measures Library for more details.

Related

What is your credit score?

Opens in new tabContribute findings and Strategy-Aligned Measures

The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.

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