Q:

What is Equifax Canada?

A:

Quick Answer

Equifax Canada is one of two agencies in Canada that provide credit bureau information for businesses and individual consumers, many of which occupy the financial sector. The branch is owned by Equifax of Atlanta, Georgia, and is based in Toronto, Ontario.

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Full Answer

Equifax uses consumer and commercial data combined with advanced analytics and proprietary technology to provide financial information to businesses and individual consumers. The company provides credit services covering disputes, fraud, scores and other general financial information. These services allow users to check their credit reports, scores, and ratings, and to get identity protection as well. Users also have the option to receive credit monitoring and automatic credit alerts.

Consumers in Canada can obtain a credit report, credit score and score analysis for a small fee through Equifax. These reports are always real-time and accurate. In order to get a report online, personal information must be provided so that the user's identity can be verified.

Equifax employs almost 7,000 people in over 14 countries covering North America, Latin America and Europe. Equifax is a member of the Standard and Poor’s 500, also known as the S&P 500. The stock is traded on the New York Stock Exchange and uses the symbol EFX.

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