I came across a great article this past week in the Vancouver Sun on Canadian credit stating how Canadians typically have better credit ratings than our US neighbours.
While this is not necessarily a bad thing, especially, if for example to refinance and consolidate higher credit card debt. It is always a good idea to understand how your credit is affected when you take on more debt or make a request for another credit facility.
Many consumers also aren’t aware that you can receive a free credit file disclosure from Equifax Canada Inc. via Canada Post.
Keeping up on your credit can save you a ton of frustration and stress down the road.
If you have any questions about credit reporting, please feel free to contact Scott Dawson by any of the methods below:
Phone: (778) 668-9320