A credit bureau is an institution that collects information about you
a credit bureau keeps monthly records of your current and past-due payments,
credit limits, and debt level. Public record information it collects
bankruptcies, judgments, and registered items.
It gets information from companies that have granted you credit, and public record information
from courthouses throughout
bureaus are not new.
credit bureaus were local associations of merchants, and credit reports
were given by word-of-mouth.
What is new, is that credit reports
can be accessed instantly on the Internet, and through their personal credit
report, Canadian residents can check the accuracy of their credit
history instantly, or monitor
credit report updates, on a month-to-month basis.
Credit bureaus today in Canada.
Trans Union, Equifax, and
Experian are the largest
credit bureaus providing Canada
credit report services. Separately, they've compiled nationwide computer databases of credit information on
millions of Canada citizens. Credit reports are available to their subscribers
instantly, over computer networks.
bureau contact information including phone numbers and addresses is here.