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» Suroco Energy sells Colombian oil and gas assets for US$1.2 million
07/09/10 13:23 from Market News
CALGARY - Oil and gas junior Suroco Energy Inc. (TSXV:SRN) said Tuesday it has agreed to sell its interest in the Arjona Block in Colombia for

» Enbridge to provide pipeline and terminaling services to Husky Energy project
07/09/10 13:18 from Market News
CALGARY - Enbridge Inc. (TSX:ENB) agrees to provide pipeline and terminaling services to Husky Energy Inc. (TSX:HSE) for its Sunrise oil sands

» Casey's negotiating with third party willing to pay US$40 per share
07/09/10 13:14 from Market News
MONTREAL - Casey's General Stores has rejected Alimentation Couche-Tard's (TSX:ATD.B) latest offer and decided to conduct negotiations with

» Stock markets set to open lower amid concerns about health of European banks
07/09/10 13:02 from Market News
TORONTO - Stock markets appeared set to open lower Tuesday after some fresh concerns about the health of European banks rattled overseas

» Onex to acquire remaining 75 per cent of ResCare for US$340 million
07/09/10 12:57 from Market News
TORONTO - Private equity firm Onex Corp. (TSX:OCX) says it has agreed to acquire the remaining 75 per cent of U.S. in-home care firm ResCare it

» WestJet and Air Canada record increases in passenger traffic in August
07/09/10 12:53 from Market News
Canadian airlines WestJet (TSX:WJA) and Air Canada (TSX:AC.A) both reported year-over-year increases in passenger traffic for

» Cantronic wins C$3.9M contract with China's Haicheng City
07/09/10 12:46 from Market News
VANCOUVER - Cantronic Systems Inc. (TSXV:CTS) of Vancouver has won a C$3.9 million contract to install video surveillance systems for Haicheng

» Hang Seng Index closed on Tuesday at 21,401.79 points, up 46.02 points
07/09/10 11:52 from Market News
HONG KONG - The Hang Seng Index closed at 21,401.79 on Tuesday, up 46.02 points or 0.22 per

» Nikkei Stock Average closed on Tuesday at 9,226 points, down 75.32 points
07/09/10 11:50 from Market News
TOKYO - The Nikkei Stock Average of 225 issues closed at 9,226 on the Tokyo Stock Exchange Tuesday, down 75.32 points or 0.81 per

» Financial Times 100-share index is down 47.78 points at midday to 5,391.41
07/09/10 11:47 from Market News
LONDON, England - At midday on Tuesday at the London Stock Exchange, the Financial Times 100-share index is down 47.78 points to

» Canadian dollar opened on Tuesday at 96.02 cents US, down 0.20 of a cent
07/09/10 11:46 from Market News
TORONTO - The Canadian dollar opened at 96.02 cents US, down 0.20 of a cent from Friday's close.The U.S. dollar stood at C$1.0415, up 0.22

» Oil falls sharply to below $73 in Europe on stronger dollar, high US crude supplies
07/09/10 11:39 from Market News
Oil prices fell sharply to below US$73 a barrel Tuesday as the U.S. dollar strengthened against the euro and investors assessed the strength of

» Taiwan's exports surge 27 per cent in August to $24 billion amid economic recovery
07/09/10 11:34 from Market News
TAIPEI, Taiwan - Taiwan's exports surged 27 per cent to US$24 billion in August amid strong demand for the island's computers and other high-tech

» Report: China passenger car sales up 18 per cent in August, on subsidies, lower prices
07/09/10 11:32 from Market News
SHANGHAI - Sales of passenger cars in China — the world's biggest auto market — rose 18 per cent in August from a year earlier as

» EU ministers agree on financial supervision deal intended to shield against future crises
07/09/10 11:31 from Market News
BRUSSELS - European Union countries have approved a financial oversight structure meant to shield against market turmoil and contain the excessive

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Equifax Consumer Services Canada
 
Your credit history is a record of your past credit 'experiences'. Your credit history is reflected on your credit report and is maintained by Canada's two major credit agencies, Equifax and TransUnion. Both Equifax and TransUnion manage your credit history in documents called credit reports. A credit report captures your current credit history. It is one of the primary documents banks, lenders and creditors use to decide whether or not to give you credit.  At Canadian Finance, we provide you access to your credit report. Before you apply for credit card or a loan, know where you stand. Find out your credit score, see your credit report, know your credit score. You can now do this all online. Both Equifax and TransUnion can help you stay on top of your credit.
Order Now
Equifax Consumer Services Canada is your source for credit information. Equifax provides you with the tools that you need to keep on top of your credit profile. Equifax Consumer Services can provide you with your credit history through the Equifax Credit Report service

Receive your current credit history:
  • Details on credit cards and loans opened in your name, companies accessing your credit file, delinquent payments and more
  • Immediate online access
  • Easy-to-read, printable format
  • Return to view this report online for 30 days
With your credit report you can:
  • See the report lenders use most to qualify you for credit
  • Plan for major purchases - car, home, education
  • Find out who has accessed your credit report

Order your Equifax Credit Report today.
Credit Reports Explained
What is a credit report?
    A credit report is a history of how consistently you pay your financial obligations. A credit report is created when you first borrow money or apply for credit. On a regular basis, the companies that lend money or issue credit cards to you (banks, finance companies, credit unions, retailers, etc.) send the credit reporting agencies specific and factual information about their financial relationship with you - when you opened up your account, if you make your payments on time, if you miss a payment, or if you have gone over your credit limit, etc.

    Equifax Canada receives this information directly from the financial and retail institutions and retains it to help other lenders make decisions about granting you credit. Because your credit report contains all the information received from your lenders and provides a picture of your financial health, other lenders will request your report when they are determining whether or not to grant you a loan. Your credit report is a history that will help them determine what kind of lending risk you are - if you are likely to repay your obligation on time or not.
What is in my credit report?
    Below is a list of the major sections found in your credit report:

      Personal Identification - Includes key identification information, such as your name, address, date of birth and Social Insurance Number (SIN)

      Consumer Statement - Allows you, the consumer, to add a brief comment about any information in your report

      Credit Information - Provides details of your credit accounts and transactions and shows if payments are being made on time Banking Information - Includes information on your bank account and NSF cheque history

      Public Record Information - Contains information about secured loans, bankruptcies and/or judgments

      Third-Party Collections - Contains information about any involvement with a collection agency trying to collect on a debt

      Inquiries - Includes all organizations or individuals that have requested a copy of your credit report in the past three years

      *Note: Mortgage information - Details about your existing mortgage(s) may appear in your credit report. Mortgage information is not used to calculate your credit score since it is not reported by all lenders.

How is information in my credit report used?
    Credit information is gathered by credit reporting agencies, sometimes called credit bureaus. There are two major credit reporting agencies in Canada: Equifax Canada Inc., and TransUnion of Canada. Governed by provincial and federal laws, credit reporting agencies store and maintain credit information about individual Canadian consumers for use by members of the credit reporting agency. Members include banks, finance companies, auto leasing companies, credit card companies and retailers.

    Credit grantors update individual credit reports regularly by providing information to credit reporting agencies about their customers' credit and payment activities. This ensures that credit reports remain up-to-date and as complete as possible. Other sources of the information contained in your credit report can include public records from courthouses across the country and collection agencies.
Who can access my credit report?
    Federal and provincial laws are very specific regarding who can review your credit report and for what purpose. A company or individual may only obtain a copy of your credit report with your consent or after informing you that they will be reviewing your report. Additionally, an individual or company must have a legitimate business reason and a permissible purpose, as stated in government regulations, to obtain your credit report.

    When you apply for a loan or credit card you are usually asked to complete and sign an application form. An application normally includes written consent giving permission to the credit grantor to check your credit report when you first apply and throughout the life of the account. In addition to your name, an application often asks for your date of birth, your current address and a previous address if you've recently moved - information that helps to locate your credit report at a credit reporting agency.

    Each time a member of the credit reporting agency requests your report, the request is noted on your report as an inquiry and kept for 3 years. You can therefore see a record of who has requested your credit report and when.

    A credit reporting agency may only provide a copy of your report when the request relates to the extension of credit, collection of a debt, housing rental or an application for employment or insurance purposes. Since your credit report contains only factual information, it is important to remember that each of the companies requesting your credit report will interpret those facts in its own way to arrive at a decision. You can learn more at the Equifax Credit Education Centre
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