Month: June 2015

Buy All The Things!

According to credit monitoring agency Equifax this past week, the national 90-day-plus delinquency rate on consumer debt in the first quarter of this year was 1.12 per cent, up from 1.09 per cent in the fourth quarter of 2014.  The observation came as Equifax reported that Canadians generally continued to increase their borrowings for car…

read more

Even “God” has an Equifax credit score

The credit reporting giant Equifax recently settled a bizarre case in late May which it was accused of denying a New York man named “God” entry into its credit database because it refused to recognize his legal name. Equifax’s original stance had led the man, Brooklyn jewelry dealer God Gazarov, to being denied one car loan,…

read more