Understanding Your Credit Report & Credit Score- Very Good Info :)

Very Nice and Easy to Understand information regarding your credit score, report and history :)

http://www.fcac-acfc.gc.ca/Eng/resou...Report_eng.pdf

Once a year I order my FREE credit history report from Equifax and Transunion. The FREE one is more than enough for me, its pretty detailed.

The paid one has a credit score in it, but I don't really need it..the info on the FREE one from Equifax and Transunion is good enough for me :)

Thank you.

Free credit reports , don't pay for it.


Both Equifax and Transunion have automated phone systems.

They ask you a few questions, and then your FREE credit report is mailed to you.


Here are the numbers:


Equifax Canada Inc. 1 800 465 7166


Trans Union of Canada 1 800 663 9980

Great info, thank you for sharing! I suggest to you all that you also closely monitor your bank accounts at least once per week. This way you can head off any potential account discrepancies and have that added piece of mind when it comes to your credit rating--view it as one more step in being proactive in addition to monitoring your credit score. Also, check out the phone apps that many banks are now offering--this is a great way to stay connected and informed!

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Originally Posted by Livelyone

Great info, thank you for sharing! I suggest to you all that you also closely monitor your bank accounts at least once per week. This way you can head off any potential account discrepancies and have that added piece of mind when it comes to your credit rating--view it as one more step in being proactive in addition to monitoring your credit score. Also, check out the phone apps that many banks are now offering--this is a great way to stay connected and informed!

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Yup , I usually monitor my bank accounts and Credit card account once every 10 days or so :)

Home Depot breach and Target Breach ..be proactive about it.

There's a new Target breach? Or is this an ongoing issue from earlier this year? Saw mention of the Home Depot one.

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Originally Posted by Ciel

There's a new Target breach? Or is this an ongoing issue from earlier this year? Saw mention of the Home Depot one.

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Just the old one , from earlier year.

Credit score plays a crucial role in determining whether an individual is eligible for a loan. Credit reporting agencies track how an individual manages his debts and prepare a credit report based on their analysis. You can get complete information on Financial Consumer Agency of Canada.

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Originally Posted by bobbyreyes

Credit score plays a crucial role in determining whether an individual is eligible for a loan. Credit reporting agencies track how an individual manages his debts and prepare a credit report based on their analysis. You can get complete information on Financial Consumer Agency of Canada.

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these days they are even doing it for a job , before hiring someone.

Been a while since this thread has been updated and worth noting some changes.
Both Equifax and Trans Union charge to check your score.
Here are a few free ways to check:
Credit Karma
Borrowell

Here's some very valuable info on UPKEEP of a good credit score.9 Ways to Keep Your Credit Score as High as Possible https://www.facebook.com/permalink.p...021&__tn__=K-R

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Originally Posted by MortgageQueen

Here's some very valuable info on UPKEEP of a good credit score.9 Ways to Keep Your Credit Score as High as Possible

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Hey, thanks so much for sharing your interesting article. Given the current circumstances it's so important to be aware of this and do anything possible to keep a good score. Upkeep is hard, but well worth it!