Is Equifax Canada and us the same?

Does US have Equifax in Canada?

The Equifax group of companies includes Equifax Canada Co., which is a registered Canadian credit bureau that maintains Canadian credit report information, and Equifax Information Services LLC, which is a credit bureau that maintains U.S. credit report information.

Is Canadian and US credit score the same?

Canada’s credit scoring is similar to the U.S. system. For instance: Scores are on a common range (in this case from 300 to 900), and higher is better. The two major credit reporting bureaus are TransUnion Canada and Equifax Canada.

Can I use my US credit report in Canada?

you can’t use your US credit history in Canada. you need to build a Canadian credit history from scratch. That’s not entirely true. Some mortgage lenders will consider your US credit and some banks with branches in both countries will consider your US credit history for credit cards, etc.

Does Equifax work in Canada?

Equifax decided to take it a step further and allow all Canadian access to their credit information online for free. “You can access both your credit file and your credit score for free online through the Equifax website,” Julie Kuzmic, the Director of Consumer Advocacy at Equifax Canada, said.

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What is a good credit score Canada?

In Canada, according to Equifax, a good credit score is usually between 660 to 724. If your credit score is between 725 to 759 it’s likely to be considered very good. A credit score of 760 and above is generally considered to be an excellent credit score.

Is Equifax private or public?

Equifax Inc. is an American multinational consumer credit reporting agency and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion (together known as the “Big Three”).


Type Public
Footnotes / references

Does Canada have a FICO score?

In Canada, FICO® Scores range from 300 to 900, where higher scores demonstrate lower credit risk and lower scores demonstrate higher credit risk. What’s considered a “good” FICO® Score varies, since each lender has its own standards for approving credit applications, based on the level of risk it finds acceptable.

Can U.S. creditors follow you to Canada?

Your US creditors can, and likely will, pursue you in that jurisdiction. … To pursue you for collection in Canada, a US creditor would first have to obtain a judgment in the United States, then bring that judgment to a Canadian court to have the debt acknowledged in Canada.

Is America the only country with credit scores?

Both Canada and the United States have credit score ranges that start at 300, but Canada’s highest score goes up to 900 (America’s system only goes up to 850). Experian discontinued its services in Canada in 2009, so the two major credit bureaus used in the country are Equifax and TransUnion.

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Is there an international credit report?

Experian®, the global business solutions company, has launched a new international service – providing financial and credit checking information on over 220 countries worldwide. … The new International Credit Report Service has been designed to provide a fast and efficient service.

What is an international credit report?

Please be advised that the International Credit Report is not a traditional credit report, but rather an investigative report providing background information such as address verification, employment verification, police records, court litigation, motor vehicle records, and bankruptcy filings.

Where is Equifax Canada located?

Owned by Equifax of Atlanta, Georgia, Equifax Canada is based in Toronto, Ontario.

Does Experian operate in Canada?

Experian Canadian Consumer Credit Bureau

“Effective April 17, 2009, Experian will unfortunately discontinue its Canadian consumer credit bureau operations as a result of the very difficult economic environment in Canada and around the world, which Experian believes will persist for some time.

Does using Equifax lower credit score?

While pulling your Equifax credit report, or a credit score based on the information in it, will generally result in a soft inquiry, it will not affect your credit scores. If you see information on your credit report that appears to be inaccurate or incomplete, you can contact Equifax for free and we will look into it.