CreditBureaux.ca is a valuable resource for all Canadian consumers. Everything you need to know about protecting your identity, understanding your credit score, and how to handle identity theft can be found here.
CreditBureaux.ca is an informative, official-looking website that walks you step-by-step through understanding your credit score and obtaining a credit report. Comprised of four categories (Free Credit Report, Credit Report Info, Identity Theft, and Credit Score), it is extremely easy to use.
You might have heard that you have the right to review your credit report at no charge under Canadian law, but do you know how to receive it? The front page of this website gives the reader addresses of the two major credit reporting companies as well as the form and types of identification that must accompany it. In the section on Credit Report Info, readers can learn what information is included on a credit report (social insurance number, bankruptcies, loan requests) as well as what is not (medical history, business accounts). There is even a matrix of information given on the report and how long the data are stored by the agencies.
The section on Credit Score is especially detailed. There is an in-depth look at the factors affecting credit and how each is factored into the overall credit score. Almost hidden within the Credit Score area is a link on the left toolbar to a separate section entitled “How you can Establish and Maintain Good Credit?” This outlines several hints on protecting your good credit score (for instance, reading your monthly statements).
Perhaps the most useful addition to the site is the area that explains identity theft: what it is, how to prevent it, and what to do when you discover that the crime has been committed.
All Canadian consumers can benefit from this website. It should be comforting to know that the site owner of CreditBureaux.ca is looking out for your financial well-being!
