Credit bureau

Industry

Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes

If high rates persist, fraudulent activity could accelerate

By The Canadian Press |September 21, 2023

1 min read

Industry

Speculative-grade Canadian companies held up well during pandemic

A report from Moody's Investors Service says the default rate was much higher for U.S. firms

By James Langton |March 19, 2021

1 min read

Industry

Equifax to pay up to $700M in data breach settlement

Settlement includes up to $425M in monetary relief to customers

By The Associated Press |July 22, 2019

2 min read

Industry

Desjardins helps members who were victims of data theft access protection

Personal information of 2.9 million members was leaked in June

By The Canadian Press |July 5, 2019

2 min read

Industry

No fraud evident in hacked accounts, says Equifax Canada privacy officer

Equifax Canada is making spokespeople available as it tries to restore trust

By David Paddon, The Canadian Press |January 24, 2018

1 min read

Industry

Remind clients to order credit reports: FCAC

The Financial Consumer Agency of Canada (FCAC) recommends ordering credit reports at least once per year

By Staff |November 3, 2017

1 min read

Industry

A new reason to pay more than the minimum on credit balances

Many Canadians say they don’t have the funds to make RRSP or TFSA contributions. However, most Canadians have the funds for something else important to their financial well-being: paying more than the minimum amount on credit card balances. And, while that kind of commitment helps pay off debt faster, it may also boost a client’s […]

By Staff |February 23, 2017

2 min read

Planning and Advice

Buyer’s remorse and identity theft make for less-than-happy holidays

Will your client’s cash-flow plan hold up during the holiday buying frenzy? An impressive two-thirds of Canadians (66%) say they prepare a budget for holiday shopping, reveals a survey by Equifax Canada. But planning that budget and sticking to it may be two different things — especially if clients are filling orders for Santa. Households […]

By Staff |November 24, 2016

2 min read