Canadian Credit Bureaus
A Credit Bureau
is a company that collects and distributes information about your personal credit history. Examples of information that may be included in your credit report
are the number of credit accounts you have (credit cards, lines of credit, mortgage, etc.), the balance of your credit accounts, your payment
behavior, information about personal bankruptcy, loan applications, etc.
Credit Bureaus produce credit reports with individual’s credit history
information and the main purpose of these reports is to determine the credit worthiness of the individual. Any individual or company, which can prove that has a justifiable need to see your credit report may purchase the report from the credit bureaus.
You have the right to inspect your credit records and to correct any inaccuracies you find there. You have the right to put a fraud alert
on your credit report if you think your identity has been stolen. This fraud alert will tell the creditors to contact you and confirm that you’ve requested credit account, before opening the account.
There are 3 national credit bureaus in Canada – Equifax Canada
, Trans Union Canada
and Northern Credit Bureaus. Here is the contact information for the 3 Canadian Credit Bureaus:
Equifax Canada Inc.
Consumer Relations Department
Box 190 Jean Talon Station
Consumer Relations Centre
P.O. Box 338, LCD 1
Northern Credit Bureaus
336 RIDEAU BOULEVARD
ROUYN - NORANDA QC J9X 1P2