Credit Reports

Address history on a credit report is the list of current and former addresses associated with a consumer's file.

A collection account is a report entry showing that a debt has moved into collections activity.

A consumer disclosure is the copy of bureau file information provided directly to the consumer.

A consumer statement is a short note a consumer may ask to have associated with their credit file to explain a situation in context.

A credit bureau is an organization that collects, maintains, and provides consumer credit-file information.

A credit check is a review of a borrower's credit file for a defined purpose such as lending, account review, or self-monitoring.

A credit file is the bureau record that gathers a consumer's reported credit information.

Credit monitoring is the ongoing review or alerting process that helps a borrower watch for changes in file activity.

A credit report is the bureau summary that shows a consumer's reported accounts, inquiries, and other file information.

Derogatory information is report data that suggests repayment problems, elevated credit risk, or past account trouble.

Equifax Canada is one of the main consumer credit bureaus Canadian borrowers encounter.

A hard inquiry is a credit check linked to an application for new credit or another permission-based lending review.

A mixed credit file is a bureau file that contains information that belongs partly to another person.

A public record on a credit file is a bureau entry tied to certain court-linked or insolvency-related events that may be reported.

A report access request is the borrower's request to obtain their own credit-file information from a bureau.

A report error is inaccurate, incomplete, outdated, or mixed-file information that appears on a credit report.

Reporting account status is the label or code that shows the current condition of a credit account on a report.

Canada-first explanations of credit reports, Equifax Canada, TransUnion Canada, inquiries, tradelines, and file review.

A soft inquiry is a file review that is not typically tied to a new-credit application.

A tradeline is the report entry for one credit account or reported borrowing relationship.

TransUnion Canada is one of the main consumer credit bureaus Canadian borrowers encounter.

An unauthorized account is a reported credit account that the consumer did not open or agree to.

An unauthorized inquiry is a credit-file check that the consumer does not recognize or did not permit.