How to Check a Canadian Credit Rating

It's important to check your Canadian credit rating regularly to keep you up to date with what has been recorded on your credit file. You can correct any errors and see which areas of the report need improving. Disclosure reports by mail are free but do not include your credit score. A fee is charged for getting your credit rating online. All lenders use the services of credit reference agencies to check the suitability of applicants requiring credit. The higher your credit score, the greater your chances of getting credit at a low interest rate.There are two agencies in Canada where you can purchase your credit rating; Equifax Canada and TransUnion Canada.

Instructions

1

Apply online. Getting your Canadian credit rating is simple, fast and can be viewed as soon as your details have been verified and the fee has been paid. There are two credit reference agencies--see the links in the resources section. Click on either of the links then click "See My Credit Score" or "First Time?", depending on which agency you have chosen.

2

Follow the on line steps. Complete all the details accurately. Errors will result in you being unable to view your report. Click "Continue," review your order and enter your payment details. You will need to enter a username and password.
All major credit and debit cards are accepted. Equifax charge C$23.95, TransUnion C$22.90. Fees may change and may be different in certain provinces. Both agencies provide a credit report and a credit rating.

3

Click "Continue," your details will be verified and payment taken. The login screen will appear. Enter your username and password and you will be able to view your credit rating and report immediately.