- Reaction score
- 3
- Points
- 410
I can't stress the importance of knowing just what your "individual" Credit Score is!!! This kind of information serves many purposes and to know this, is especially important if you are posted and need to obtain a mortgage or you're an applicant to the CF being asked questions about your financial history or just the average person who suddenly finds themself with a Credit Card or Line of Credit (LoC) that for unexplained reasons, your card of LoC no longer works when you try to use it!!! And heaven forbid, identity fraud.
This information is available upon request,once per year and is FREE!!! Here are the links to download the forms and send in your request......you may be surprised at what you find!!!
Equifax Canada - http://www.equifax.com/ecm/canada/EFXCreditReportRequestForm.pdf
TransUnion Canada - http://www.transunion.ca/docs/personal/Consumer_Disclosure_Request_Form_en.pdf
I have "personally" been subject to erroneous credit reporting on two occasions now (1995 and 2012) but because I ask for these reports annually, the problem is resolved very quickly. The most recent which happened in Oct 12 was Credit Card Fraud, brought to my attention by RBC as they contacted me. The result being my card was cancelled and a new card was issued. But when I got my Credit Reports in Feb this year, which I do annually, both Equifax and TransUnion reported me as being "delinquent" in payments on the card that was cancelled by RBC due to fraud.
It happens, but thankfully my problem was resolved very quickly, only because I ask for my reports annually!
Edit - THANKS to occam for expanding on this post below!!!
This information is available upon request,
Equifax Canada - http://www.equifax.com/ecm/canada/EFXCreditReportRequestForm.pdf
TransUnion Canada - http://www.transunion.ca/docs/personal/Consumer_Disclosure_Request_Form_en.pdf
I have "personally" been subject to erroneous credit reporting on two occasions now (1995 and 2012) but because I ask for these reports annually, the problem is resolved very quickly. The most recent which happened in Oct 12 was Credit Card Fraud, brought to my attention by RBC as they contacted me. The result being my card was cancelled and a new card was issued. But when I got my Credit Reports in Feb this year, which I do annually, both Equifax and TransUnion reported me as being "delinquent" in payments on the card that was cancelled by RBC due to fraud.
It happens, but thankfully my problem was resolved very quickly, only because I ask for my reports annually!
Edit - THANKS to occam for expanding on this post below!!!