How to Correct Errors on Your Credit Report

How to Correct Errors on Your Credit Report

How to Correct Errors on Your Credit Report

Maintaining a good credit score is vital, as it directly impacts your ability to borrow money or finance purchases. It also affects things such as the cost of insurance and specific employment opportunities. For these and many other reasons, it is essential to identify and correct any errors on your credit report as soon as possible.

That is why we recommend that you obtain a free copy of your credit report each year. Review your credit report to make sure the information is accurate.

There are two credit reporting agencies in Canada; Equifax and Trans Union. These companies will allow you to obtain a free copy of your credit report each year. Follow the links above to their websites to find out how to receive your free credit report. You can also get your credit score; however, there is a fee for this service.

Once you have your credit reports, go over the information to make sure it is accurate. If you find any accounts, good or bad, that do not belong to you, or if your personal information is incorrect, you can take the following steps to have the information corrected.

Download the appropriate dispute notice: Equifax and Trans Union.

Complete the form and mail or fax it to the appropriate credit reporting agency. Make sure you keep a copy for your records.


If you feel you have been the victim of identity theft or fraud, contact the RCMP Identity Theft and Identity Fraud Victim Assistance Guide.

Powell Associates Ltd. is a Licensed Insolvency Trustee. We are experienced, hands-on insolvency practitioners who understand the personal impacts of significant financial stress;

  • You won’t be stuck in an assembly line process.

  • You will expect and receive prompt responses and resolution of issues from our supportive and experienced team.

  • We will review your debt solution options, including filing a consumer proposal or personal bankruptcy.

  • We help Canadians with overwhelming debt get fresh financial starts.

Once you file a consumer proposal or personal bankruptcy, we deal directly with your creditors on your behalf. Your unsecured creditors are required to stop contacting you or continuing legal proceedings against you. Contact us for a free consultation.

We offer free consultations to review your financial situation and practical debt resolution options. Contact us to discuss your financial situation over the phone, video chat, or in-person in Saint JohnMonctonFrederictonCharlottetownDartmouth, or Miramichi.