Even though Canadians can access their credit file through one of these companies (when applying for new credit such as a mortgage, student loan or credit card) approximately 90% of banks nationwide will use FICO scores and resources directly. The remaining 10% will use the scores provided by the previously four mentioned Canadian Credit Bureaus. It’s unclear as to which banks are using the FICO score directly and which aren’t. Banks and credit bureaus alike seem to be very hush-hush upon inquiry. However irrespective of this, as long as you follow the current guidelines on improving and maintaining your credit score, then when it comes time to apply for any type of credit, you can be assured of your application's approval.