Credit Repair in Canada - Credit Reports - Things you need to know.

Credit Reports - There are things you need to know about credit repair in Canada. Equifax and TransUnion collect your credit information and sometimes there are errors on your credit report. This video gives 3 important points of what you need to know about credit repair in Canada.

Questions: Check out my DIY Credit Repair Ebook for Canadians
http://www.canadian-money-advisor.ca/canadian-credit-repair-ebook.html

Equifax Canada's Site - http://www.equifax.ca
TransUnion Canada's Site - http://www.tuc.ca

Category:

Education

Tags:

• credit repair
• credit report
• credit bureau
• equifax
• transunion
• credit
• debt
• canada

[bicepsca]

what part of Canada you from?

[montyloree]

i'm in saskatchewan... why do you ask?

[frnkdtnk]

your not saying anything we don't know - how about answering this please. I have 2 items on my equafax report 1: small cable bill 2: A slumlord back rent the first one is a no brainer as for the second. The place was'nt fit to live in let alone rent to someone and 2 months rent is now $2000 for a $400 a month place - no court date was set at least none that i'm aware - not paying it - is waiting 7 years my only option?

[montyloree]

this is common knowledge for some and unheard of for others.

These items are all based on contracts that were signed, or laws in place.

Whether a place is fit to live in is subjective... what's the contract in place.. and is it enforcable?

I trust that these are collections and judgments on your credit report?!!

[montyloree]

If you haven't worked in 10 years.. how would you prove your ability to service the debt?

The creditor wants to see a down payment, ability to pay, good credit score etc

[bicepsca]

so can you remove bad marks on credit? Do you use tradelines? I am from Montreal

[bicepsca]

Hi I have heard of tradelines. Mostly from the Usa. Do these work for people in Canada?

[frnkdtnk]

if there is no lease in place it's verbal and not sure how binding it is? however a creditor can place you in a collection agency without going to court and you find yourself if the credit bureau without a court appearance and no way to defend yourself. On another note can some agency help with a settlement like credit councelling - eg. make an offer to the landlord in question, 1 months rent and settle or i wait 3 more years and they get nothing?

[RockerDaddyTazz]

I have a question for you!!

How can I get a mortgage?

I have a secure payment of 1K for life but no down payment! I have not worked in 10 yrs, I owe over 10k to Crown, but I can walk out with over 40K cash and a new car and furniture in days on credit?

Everything but not a home?

Any ideas that may help?