Background and Credit Check
Before a landlord will rent an apartment
to you he/she will usually ask you to fill out an application
form including references proving your employment. Landlords of
most apartments also require you give them permission to perform
a credit check. Make sure you are thoroughly aware of your credit
status as some landlords can be quite strict in this regard.
Obtaining a free credit check in Canada
In a time when your credit rating dictates
what kind of home you live in and what kind of car you can buy
there are inevitably those who would prey on the unwary consumer.
Each day credit fraud, identity theft and, more commonly, simple
mistakes threaten to destroy that precious commodity that is your
credit rating. It is reported that, weather through fraud or accident,
as many as 70% of credit reports contain errors and as many as
25% contain serious errors. As unfair as it seems, it is entirely
your responsibility to ensure your credit reports are accurate
and error free. While there are many ways to instantly purchase
your credit report on line, most Canadians don't know that you
can also obtain one free credit report per calendar
year by mail or in person from each of the two reporting agencies.
The two credit check agencies in Canada are Equifax
and TransUnion and their local addresses can
be obtained on their websites. It is important to obtain a credit
report from each agency since they can be drastically different.
More on this Subject
Expert Tenancy Advice
Verification for Landlords