Understanding your Credit Report and Credit Score
Author: FCAC - Financial Consumer Agency of Canada
Topic: Credit & Debt
Publisher: FCAC - Financial Consumer Agency of Canada
Location: Canada
Format: Guide
Content Type: Tools
Publication Date: March 31, 2016
This is a detailed guide from the FCAC on how to read your credit report and understand your credit score. Building a good credit history is important for your financial health. Along with millions of other Canadians, you have a credit history that is kept on file by companies called credit reporting agencies. They track how you use credit products, such as credit cards and loans, and pay your bills. Knowing what is in your report is important. If you have a poor credit history, it could be harder for you to get a credit card or a loan. This guide can help you: understand your credit report and score; improve your credit score; correct errors in your credit report; order your credit report and score.
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