Canadian Credit Repair - Business owners need to see their personal credit reports. - Canada

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Business owners need to see their personal credit reports.

Postby montyloree » Sun Jul 31, 2005 12:00:00 AM

If you're in business, you need to see your credit reports with Equifax Canada and TransUnion Canada. Credit is so vital to your ongoing business.

If you're a business owner, you get involved in many more credit activities than a person who is not.

Because credit is a vital part of operating your business, you shouldn't leave it to chance that everything is being reported properly on your credit report.

Real live example: I spoke to a fellow who makes approx $250K per year and has a net worth of $6 million. He can't get a cell phone on credit because of the way Equifax is reporting about him. The interesting thing was that his credit was perfect. He never missed a payment. His credit score was 588.

It's really important that if you're self-employed, or if your credit is vital to some type of business, you order your credit reports from BOTH Equifax Canada and TransUnion Canada.
montyloree
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