Is your Credit Score the score you think it is?

The answer is probably not. Equifax Canada uses 6 different types of credit score algorithms(mathematical formulas used to calculate the score) which are used by different lending industries. For example the auto industry uses a different type of score than…

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Credit Bureaus…are they accurate?

The simple answer to this is yes, most of the time. And what happens when your credit bureau is not accurate? Errors or omissions on your credit bureau can have a detrimental effect on your ability to qualify for a…

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