Has my credit score been impacted by deferring my payment?

Deferred payments as part of Scotiabank’s COVID-19 relief measures will not be reported to the credit bureaus as missed payments so they will not impact your credit score as a traditional missed payment might. However, your credit score is based on many factors, including the balance owing on your Scotiabank product, and is unique to you.

If you have any questions about your credit score or how it is calculated, you can visit TransUnion at transunion.catransunion.ca or Equifax Canada at equifax.caequifax.ca.

Last updated February 9, 2021