Credit building

New country, new rules

Back home, building trust didn’t require a credit score but in Canada, your credit history shapes everything from renting an apartment to getting a loan. At Dohzy, we make it simple for newcomers from the African diaspora to start building strong Canadian credit, so you can unlock better opportunities and build the future you deserve.

How does Dohzy help you build credit ?

Timely repayments

The repayments from our loan services and saving program are reported to credit bureau which helps clients build credit in Canada.

dohScore

As a user of our internal system, properly using Dohzy also increases a dohScore - our internal credit system which unlocks additional perks.

What is dohScore ?

Our dohScore is similar to a credit score and ranges from 1 – 30. It’s an indictor of your credit reliability as a Dohzy user.

A base score of 10

When you start using the system you are assigned a score of 10. This is increase or decrease based on how you use the system.

High score perks

  • A high loan approval rate.
  • Faster processing time for requests.
  • Qualification for the real estate assistance loan.
  • Behaviour that impacts the score

  • Time taken to repay loans.
  • How accurate your payments are.
  • Efficient and responsive communication.
  • Credit building FAQs

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