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Canadian Credit Searches
Consumer Credit History Canadian consumer credit reports provide comprehensive financial history including prior addresses, Social Insurance Number (SIN) confirmation, and alternative names used to obtain credit such as maiden names or aliases. Credit history information encompasses credit account names and types, payment terms, amounts past due, loan classifications, outstanding balances, public records, maximum credit limits, account opening and closing dates, payment patterns, credit limits, and payment methods employed. Bankruptcy Search Bankruptcy searches identify all records of bankruptcy filed under the applicant's name. These searches include consumer proposals, discharged bankruptcies, and current bankruptcy proceedings. Records are maintained by the Office of the Superintendent of Bankruptcy and are accessible through credit bureaus and direct court searches.
Commercial Credit History Business credit reports include comprehensive trade payment data, legal suits and judgments, courthouse records, third-party collections, returned check information, detailed business information, banking relationships, and credit grantor inquiries. Reports also provide essential payment trend analysis and scoring information to assess business creditworthiness and financial stability.
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Canadian Credit Search Sources
Equifax Canada Equifax Canada serves as one of the two major credit reporting agencies operating in Canada. Equifax maintains comprehensive consumer and commercial credit files, collects information from creditors nationwide, and provides credit reports, scores, and monitoring services. The bureau operates under federal privacy legislation and provincial consumer reporting regulations.
TransUnion Canada TransUnion Canada is the second major credit reporting bureau operating across Canadian provinces and territories. TransUnion collects and maintains credit information from financial institutions, retailers, and other creditors. The bureau provides credit reports, risk scores, fraud detection services, and credit monitoring to both consumers and businesses throughout Canada.
Office of the Superintendent of Bankruptcy The Office of the Superintendent of Bankruptcy (OSB) is a federal government agency responsible for administering the bankruptcy and insolvency system in Canada. The OSB maintains public records of all bankruptcy and consumer proposal filings, provides oversight of licensed insolvency trustees, and makes bankruptcy information available for credit reporting purposes.
Canadian credit reporting operates under strict regulatory oversight through the Personal Information Protection and Electronic Documents Act (PIPEDA) at the federal level and various provincial privacy statutes. Credit bureaus must obtain appropriate consent before providing reports, maintain accuracy standards, and provide consumers with access to their own credit files and dispute resolution mechanisms.
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