In the wake of a class action lawsuit, the federal government now says it will provide a “credit flag” service for nearly 600,000 Canadians whose data was lost in November. But it is not the same level of credit protection it advised those affected to get, and pay for themselves.
Newcomers to Canada can have a very difficult time getting a credit card because they don’t have a credit history. Building up a positive credit history is a good idea because it will make it easier to get a line of credit, a loan, or a mortgage later on.One way
If you are interested in getting your credit reports for free then look no further. All you need to do is contact TransUnion and Equifax (the two authorities in Canada responsible for credit reports) in the following ways: TransUnion: Free Report via Mail or Fax Fax: 905-527-0401 Voice: 800-663-9980 MAIL:
You don’t really appreciate what everyone means by ‘credit crunch’ until you actually get rejected for a credit card or loan that you thought you were good for. The current economic crisis means that lenders are getting tighter and more exclusive about who they approve. The so-called ’subprime’ group of
Credit scores have become a major metric in our lives; if you are getting a car loan, mortgage or even applying for a job your credit score will have a significant impact on the decision. I believe everyone should check their credit reports on a regular basis, semi annually or
At some point in our lives we all have some sort of debt; student loans, mortgages and car financing are the most common types of debt we carry. Everyone seems to have his or her own opinions about debt and debt management; however there are a few myths about debt