How to Obtain a Credit Report in Canada
Your credit history is, as for millions of people, kept in files and maintained by one or both of Canada's credit reporting agencies: TransUnion Canada and Equifax Canada. You are able to receive your credit report for free. Your credit report will have details of your credit history, a snapshot of your credit history. That report is used to determine your eligibility for loans, the interest rates and the amount loaned.
Your credit report is created when you borrow money or when you apply for credit at a financial institution. Specific credit information for your lenders will be sent to the credit reporting agencies that will update your credit report with information like payment frequency, late payments and owed amounts.
You can obtain your credit report by Mail or Online via the Internet.
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Instructions
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Get your credit report by mail
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Contact the credit reporting agency of your choice to confirm which pieces of ID are accepted.
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Make a copy of two pieces of official ID.
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Send a signed letter with the copies of the official ID to the credit reporting agency mailing address.
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A credit report will be sent you free of charge. It is your right to receive your credit report free of charge. Other types of credit reports have fees involved. Please verify with the credit reporting agency you will be contacting.
Get your credit report online
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Go to the website of the credit reporting agency of your choice.
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Find the section on the agency website that will direct you to obtaining your credit report.
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Choose the correct service provided by the agency. Some fees may apply depending whether you choose to get your credit report instantaneously or not, or what type of credit report you will choose to get. Some credit reports will give you a score that lenders use to determine your credit worthiness.
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References
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