I have a few questions here regarding a collections account that is showing on my TransUnion credit report. It does not appear on my Equifax credit report.

These debts are being handled by ARM Agence.

Cogeco Cable Canada

Original Amount - $100

Current Balance - $0

Opened - Sept. 1, 2015

First Reported - Sept. 3, 2016

Account Closed/Rating Non-Deragatory

Cogeco Connexion Inc.

Original Amount - $100

Current Balance - $100

Opened - March 5, 2019

First Reported - June 14, 2019

My question is how can they reopen this with a brand new date and under a new name? What are my options, if any?

Thank you in advance for your help!

Jess

not a locked door in the entire country

https://www.youtube.com/watch?v=qR8hXWe68sc

I'm Alex and I've just recently started on the path to understanding and managing my credit. I've got my credit reports from Equifax and Transunion and am working on getting the negative areas dealt with as best as possible. The biggest negative I have is an account in collections:

Reported By: Agency Name - EOS CANADA INC, Original Creditor - <Removed for Privacy>

Assigned: May 13, 2013

Reported: Jul 18, 2016

First Date of Delinquency: Dec 14, 2012

Status: blank

Original: 383

Balance: 383

I know what it is and I'm willing to pay it off, but I want to make sure I handle it the best way possible. If I pay this off when will it be removed from my credit report? Does the date get reset? I've tried to find an answer but it feels like there is a lot of contradictory info out there.

Other info that might be important: I haven't made any payments or interacted with anyone about this debt at any point, so I don't think would be any new activity to reset it.

If anyone has any suggestions or needs more info please let me know. I really appreciate any help offered!

"Millennials more aware than baby boomers of the consequences"

My very first post. I'm new. English is not my first language, i try my best. Thanks for understanding.

Here's my situation. I made in investment in real estate renovating a house and flipping it. I have a buyer. Might takes couple of months before cash in.

I have visa : 38K debt

another visa : 11k

All my other cc, i never used them.

Recently i learnt that i could transfert the balance to some cc offering 0% financing with 12 month terms. I felt it was great option for me since i can clear up the whole balance in couple of months. MBNA Platinum Plus

I applied online yesterday for Master card 0%. Got accepted but got only 14K limit. Actually, i filled up in the form i want to transfer 38K.

I figured out what was maybe the mistake i made to get a limit lower than what i've asked. Actually, i recall having clicked on 'owner/condo" but then i had to filled up another case asking me about the rent..i found that strange since i'm an owner. I couldnt continue the application process cuz i had to fill up that case about the rent. Because it was late night, instead of writting '0', i put 800$... :/

I'm guessing it might because of that i got lower limit. By the way, i have a good credit score, around 720-740. Never missed a single payment in my whole life.

Anyway, i called the customer service and told them my story. The customer service told me i have 2 options.

First option : They can cancel the whole thing and then apply again but my score might got hit...

Second option : i wait until i get my cc and then i call them to ask them to give me the desire cc line credit. I picked this option. Did i do well?

Now, i'm interested to get the RBC visa cc for the second balance transfer of 11k but afraid this might not help me if i fill up the form now knowing that the credit center might lower my score...

What should i do to transfer the 2 balance to low interest. Ideally all with Master card. Any walk around?

RBC visa with 0.99% / 10 months term will be my other option..but will it be possible to get these 2 products one after another? or should i wait little?

Thanks in advance for advising me. I really need to breath financially right now..

Cheers

◦British Columbia – Section 3 (5) of the BC Limitation Act sets 2 years as the limit for debt, 10 years if there is a judgement. ( does not applied to secured transactions ) http://www.bclaws.ca/civix/document/id/complete/statreg/12013_01#section3 NewAct will only apply to claims discovered after June 1, 2013

◦Alberta – The Alberta Limitations Act sets 2 years as the term which is extended to 10 years if there is a judgement.

◦Manitoba - Limitation of Actions Act, C.C.S.M. c. L150, s. 2(1)(g) sets 6 years as the limit for debt.

◦New Brunswick – Limitation of Actions Act, S.N.B. 2009, c. L-8.5. sets 2 years as the limit for debt. 15 years if there is a judgement.

https://www.canlii.org/en/nb/laws/stat/snb-2009-c-l-8.5/latest/snb-2009-c-l-8.5.html#sec6

◦Newfoundland and Labrador – Limitations Act, S.N.L. 1995, c. L-16.1, ss. 5( ; 13; 14. sets 2 years as the limit for debt.

◦Nanavut - Limitation of Actions Act, R.S.N.W.T. 1988, c.L-8, s. 2(e). sets 6 years as the limit for debt.

◦Nova Scotia – Limitation of Actions Act, R.S.N.S .2014, . sets 2 years as the limited for debt for claims after 2014 - 6 years still applies for prior actions. http://nslegislature.ca/legc/bills/62nd_2nd/3rd_read/b064.htm

◦NWT – Limitation of Actions Act, R.S.N.W.T. 1988, c. L-8, s. 2(e). sets 6 years as the limit for debt.

◦Ontario - The Ontario Limitation Act of 2002 , came into force on January 1, 2004. It sets 2 years as the term (Section 4). However, this limitation will be reinstated where the debtor acknowledges the debt or makes a partial payment towards the debt. If the debt default occurred prior to January 1, 2004, the creditor will have 6 years to pursue the claim. However, if the default occurred after January 1, 2004 then the credit will just have the 2 year limit.

◦P.E.I. - Statute of Limitations, R.S.P.E.I. 1988, c. S-7, s. 2(1)(g). sets 6 years as the limit for debt.

◦Quebec – Civil Code of Quebec, S.Q. 1991, c. 64, art. 2925. sets 3 years as the limit for debt.

◦Saskatchewan – Limitations Act, S.S. 2004, c. L-16.1. sets 2 years as the limit for debt.

◦Yukon – Limitation of Actions Act, R.S.Y. 2002, c. 139, s. 2(1)(e), (f). sets 6 years as the limit for debt.

◦Federal – Section 32 of the Crown Liability and Proceedings Act sets 6 years as the limit for debt. Consumers, however must be careful when dealing with the statute of limitations regarding debts at the Federal or Provincial Government level. These include student loans, child support, taxes and alimony.

Please be aware that there may be tolling issues on these statutes , please check your .gov website for these.

Debt collection Laws and Licensing acts

Collection Agency Licensing Statutes by Province and Territory

Alberta Fair Trading Act

British Columbia Business Practices and Consumer Protection Act

Manitoba Manitoba Consumer Protection Act

New Brunswick Collection Agencies Act

Newfoundland Collections Act

Northwest Territories Consumer Protection Act

Nova Scotia Collection Agencies Act

Nunavut Consumer Protection Act

Ontario Collection Agencies Act

http://www.sse.gov.on.ca/mcs/en/Pages/Personal_Finance_Collection_Agency_Rights.aspx

Prince Edward Island Collection Agencies Act

Quebec An Act respecting the Collection of Certain Debts

Saskatchewan Collection Agents Act

Yukon Consumers Protection Act

What I have learned so far:

Capital One Secured MC - will only give you a card if you've paid off outstanding recent debts.

Home Trust Secured Visa - will accept you with unpaid derogatory accounts/Collections on your credit file (They check Equifax not TransUnion)

Anyone have any successes (or failures) to share?

The end goal is to qualify for a house, a a repair/rehab loan if ....if I go that route or, obtain a loan from a hard money loan company. Other option is to being in a real-estate investor and use there money.

So, what do I need to do next? Also, is there any free credit check agencies online? Does my divorce from my wife show up in my credit report?

Thanks much!!

Some U.S. merchants, such as pay-at-the-pump gas stations and self-pay kiosks, often require you to enter a U.S. zip code to complete your transaction. Enter the U.S. zip code associated with your card, or if you have a Canadian address associated with your card, we suggest entering the three digits of your Canadian postal code followed by two zeroes or paying inside.

I was just informed I had been approved for a $1000 PC Financial MasterCard and they are sending it out.

Are there any consequences besides a credit hit and possibly being declined if I apply for another card with Walmart before I've received and activated the new card?

Thanks in advance!

I've not checked my Canadian file in a few years and would like to do so without signing up for a long term credit monitoring plan.

TIA

As I had a previous bad run with 3 CC's that went 'belly up' with R9 listings, will those listings that were posted by collections agencies still be showing up as 'flagged' if I re-apply for new credit? Last check I had made on my credit file showed "no credit/banking information available". All of them were cleared off my file last year (2014).

I have a hard time trying to understand this and would like some clarification in regards to this issue.

Thanks in advance.

Having seen many sites that mainly focus on US based credit help, I recently decided to start a Forum site dedicated to solely Canadians, and the credit system that is !#$ing canadians. Having gone through many experiences with Equifax, TransUnion, OBSI, Ombudsmans, The Office of the Privacy Comissioner, Consumer Protection Ontario, etc - I am hoping to help others fight non-consented inquiries and inquiry removal (very hard in Canada). Apparently in the US you can put a shield around your credit by blocking inquiries??? Not in Canada. It's a free for all. I've been fighting the credit bureaus here in Canada for the past several years and have been victorious in all cases but one (due to my error).

I want to welcome any Canadians looking for credit advice/help with their credit to visit my forum, yourcreditreport.proboards.com if they are not finding what they are looking for here or simply want other resources to look at. I will also participate on this forum as I can see it's well established, and I hope they don't mind my plug

I'm very experienced with Equifax if anyone is looking for advice here or on my own forum. Hoping to help other Canadians. Thanks in advance to the moderator for allowing my post.

SimFlyer

Equifax 840 (as of July 2015)

TransUnion (805 as of July 2015)

Introduce yourself here.

My name is Mike, I'm from Vancouver. I came here a couple of years ago as it was/is easily the most informative forum I've seen regarding credit AND money management.

I encourage all of you to check out the money management forum as well. Some great info there.

Welcome All!!

http://globalnews.ca/news/1895741/canadas-consumer-protection-agency-could-get-more-bite-with-new-code/

SCORES. I had two small ($400) bills I didn’t pay before leaving Canada that have since been sent to collection. I was nervous about the impact of this on my ability to get financing so I signed up for both Equifax Complete Advantage Plan and TransUnion Credit Monitoring and got my reports and scores. I was shocked to find out my scores are very low (Equifax 624; TransUnion 598). I’m assuming this is because of the collection issue since all other accounts are up-to-date and 99% paid on time. Equifax lists 5 open accounts including my current mortgage, while TransUnion lists 13 open accounts, 9 closed accounts, and 4 derogatory accounts. For some reason TransUnion does not list my mortgage.

DETAILS. I owed VISA Desjardins $491 in 2012 which as passed to Echo Collection. The Equifax entry under VISA Desjardins this is described as “Written-off.” It is not listed as in Equifax under Collections. In TransUnion the comments are “[bad Debt Write Off]|[Amt In High Credit Column (Disp 122-130 of Trade Segment) Is Credit Limit]” and it appears again under Echo Collection. This account I basically forgot to pay and was not reminded because I was overseas and could not be reached.

I also owed Fido $386 since 2012 which is listed in Equifax as “Acct assigned to third party for collection. Closed by credit grantor” and again Collection Account with CollectCents. Same basic story for TransUnion. I had a disagreement about this account with Fido. They wanted me to pay out the contract, even though I wasn’t around to use the service. They won’t budge on this at all so I said fine, I just won’t pay. That was probably a mistake.

Plus for some reason my recent mortgage only appears in Equifax, not in TransUnion.

QUESTIONS.

1. What’s the best way to improve my credit score quickly? I want to apply for financing in the next month. I don’t mind paying these amounts. Although paying less that the full amounts would be great, my priority is getting my credit worthiness up fast. If I have to pay in full, so be it. But of course I don’t want to pay in full if it makes no difference. Should I try a Pay for Delete letter? If so, do I approach the original biller or the collection agency? In some cases, both have entries in my record.
2. I get this on some of my credit cards: “[Amt In High Credit Column (Disp 122-130 of Trade Segment) Is Credit Limit].” Is this a bad thing?
3. Why is my mortgage appearing in Equifax and not TransUnion? Does it matter? If it does, how do I get it listed in TransUnion?

Any advice you can provide is greatly appreciated!

Not really credit related, but something to think about if you want to practice your art skills on the previous version of the $5 bill.

Interesting, in that Royal Bank of Canada sold their U.S. operations on the east coast (RBC Bank) to PNC Bank a few years ago. Now RBC buys City National. I wonder if City National will eventually change their name to RBC. The announcement says no, but it could still be a possibility. There's also their RBC Bank internet bank, mainly for Canadian customers who need a U.S. bank account. I wonder if that will be merged into the new City National Bank.

City National to merge with Royal Bank of Canada

I write to you this morning with some important news. City National has entered into an agreement to merge with Royal Bank of Canada (RBC), the premier financial services company in Canada. A news release was issued today and a copy is available at cnb.com.

This merger, which is subject to customary closing conditions, will be good for you, for City National and for all of our clients, colleagues, communities, and shareholders. Upon completion, City National will be backed by the resources and capabilities of one of the largest and safest banks in the world, which will enable us to provide you with even better service and broader banking and wealth management capabilities.

RBC is the world's 12th largest bank, operating in 40 countries around the globe. The company has $941 billion (CAD) in assets. Its U.S. presence today is comprised largely of wealth management and capital markets businesses. RBC wanted to add a private and business bank to that portfolio to grow here in the U.S.

Under terms of the agreement, City National will continue to operate as a U.S. bank headquartered in Los Angeles. I will remain Chairman and CEO, and I'll be responsible for both the bank and RBC's U.S. Wealth Management unit, which administers more than $260 billion (USD) in assets for about 340,000 American households.

Upon completion, City National will continue to operate as it does today - with its current management team and, for now, under its own brand. We do not expect significant job reductions as a result of this acquisition. Your bankers will remain here, doing what they do so well for you.

The combination of our two companies will be a great fit. Both are highly regarded institutions with reputations for outstanding client service and integrity. RBC's management is committed to supporting City National's continued success as America's Premier Private and Business Bank^®, including its wealth management businesses. They understand and appreciate the uniqueness of City National's client-centric value proposition and strong service commitment to providing complete financial solutions to our clients.

This is an exciting opportunity for all of us at City National and an important step forward as we look to grow and constantly improve the service, capabilities, and resources we provide to our valued clients. Our future is brighter than ever as we continue our journey along with you on The way up^®.

There is no need for you to do anything differently. The merger is not expected to close until the fourth quarter of calendar year 2015. If you do have any questions, your bankers and advisors, as well as I, would be happy to answer them.

I truly believe this will benefit all of our clients, and I thank you for placing your trust and your business with City National.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this communication may be deemed to be forward-looking statements under certain securities laws, including the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. These forward-looking statements include, but are not limited to, statements about the expected effects of the acquisition of City National Corporation by Royal Bank of Canada, the expected timing of the acquisition and other statements other than in relation to historical facts. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar expressions of future or conditional verbs such as “will”, “may”, “should”, “could”, or “would”.
By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, many of which are outside the control of Royal Bank of Canada and City National Corporation. Forward-looking statements speak only as of the date they are made and, except as required by law, neither party assumes an obligation to update the forward-looking statements contained in this communication. Any annualized, pro forma, projected and estimated numbers in this communication are used for illustrative purposes only, are not forecasts and may not reflect actual results. We caution readers not to place undue reliance on these statements as a number of important factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. These factors include, but are not limited to, the possibility that the proposed transaction does not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the strength of the economy and competitive factors in the areas where Royal Bank of Canada and City National Corporation do business; the impact of changes in the laws and regulations regulating financial services and enforcement thereof; the effects of competition in the markets in which Royal Bank of Canada and City National Corporation operate; judicial or regulatory judgments and legal proceedings; Royal Bank of Canada’s ability to complete the acquisition and integration of City National Corp. successfully; and other factors that may affect future results of Royal Bank of Canada and City National Corporation including timely development and introduction of new products and services, Royal Bank of Canada’s ability to cross-sell more products to customers and technological changes.
We caution that the foregoing list of important factors is not exhaustive. Additional information about these and other factors can be found in Royal Bank of Canada’s 2014 Annual Report on Form 40-F and City National Corporation’s 2013 Annual Report on Form 10-K, each filed with the U.S. Securities and Exchange Commission (the “SEC”) and available at the SEC’s website (http://www.sec.gov). Royal Bank of Canada’s material general economic assumptions underlying certain of the forward-looking statements in this press release are set out in its 2014 Annual Report under the heading “Overview and Outlook - Economic and market review outlook” and for each business segment under the heading “Outlook and priorities”.

IMPORTANT ADDITIONAL INFORMATION
In connection with the proposed transaction, Royal Bank of Canada will file with the SEC a Registration Statement on Form F-4 that will include a Proxy Statement of City National Corporation and a Prospectus of Royal Bank of Canada, as well as other relevant documents concerning the proposed transaction. The proposed transaction involving Royal Bank of Canada and City National Corporation will be submitted to City National Corporation’s stockholders for their consideration. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. STOCKHOLDERS OF CITY NATIONAL CORPORATION ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders will be able to obtain a free copy of the definitive proxy statement/prospectus, as well as other filings containing information about Royal Bank of Canada and City National Corporation, without charge, at the SEC’s website (http://www.sec.gov). Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Royal Bank of Canada, 200 Bay Street, 4th Floor, North Tower, Toronto, ON, M5J 2W7, Attention: Investor Relations, 416-955-7802 or to City National Corporation, Investor Relations, 555 S. Flower St., 9th Floor, Los Angeles, CA 90071, 213-673-7615.

PARTICIPANTS IN THE SOLICITATION
Royal Bank of Canada, City National Corporation, their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding Royal Bank of Canada’s directors and executive officers is available in its Annual Report on Form 40-F for the year ended October 31, 2014, which was filed with the SEC on December 3, 2014, and its notice of annual meeting and management proxy circular for its 2014 annual meeting of common shareholders, which was furnished to the SEC under cover of a Form 6-K filed with the SEC on January 31, 2014. Information regarding City National Corporation’s directors and executive officers is available in City National Corporation’s proxy statement for its 2014 annual meeting filed on Schedule 14A, which was filed with SEC on March 11, 2014. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials filed with the SEC. Free copies of this document may be obtained as described in the preceding paragraph.

I recently signed up for both Transunion (645) and Equifax (639) to see where my credit score currently sits. Long story short i was careless with my money a few years back when i was in school and neglected to pay one of my credit cards. It got sent to collections but i ended up paying what i though was the full balance to Presidents Choice back in 2011. On my Transunion report there shows no balance against the the card, whereas Equifax shows a balance below of $322.00.

Equifax report below.

Now this is from years ago like 2007-2009, I cant remember exact.

But I've been told that after a 6 year period of collection debt it's past some sort of statue of limitation. And the debt is wiped off, the collector can't legally collect anymore, the record is cleared from your credit report. So you still have bad credit but it doesn't show the collections? I'm not too sure on this and need some advice.

78% seems like a high offer, I have a feeling I'm nearing that point of no return, I'm about to order my credit report but it takes like 4 weeks to come in the mail, I want to but can't get the instant one because I don't have a credit card under my name (mandatory) even though I have the money to pay for the purchase.

The offer is valid for a week.

So I'm stuck with a decision here....

Will it be better to pay and have that on my report for the next 6-7 yrs or to let it wipe?

If I did let it wipe, then what does my credit rating stay damaged or does it go back to the beginning?

I, like some of you, have made mistakes in my younger past that I've been working on cleaning up. A few years ago I had a new car and didn't make enough money. My eyes were bigger than my wallet. The car got repo'd, auctioned and all that. I have been paying off the car loan to a collection agency that is a third party to Scotia.

As you can see, the date of last activity is 2009-12. I'm inclined to let that lapse because by next December if I understand correctly, it will be gone from my credit report never to return as long as I don't acknowledge the debt or make payments. Obviously this would prevent me from doing future business with BMO until that's paid off, but am I correct in assuming that once it's gone from my report, even if it's unpaid, my credit score will go up?

Hello Credit boards, i have started my credit repair journey a couple months ago because i have a credit score of 489 and have read the psychdoc's document for beginners, numerous boards on here and reddit and have even sent some letters off. However, between reading American advice and trying to apply it to my own situation, i am getting lost in deciding what to do about a few very sore spots on my reports that are holding me back immensly. I was wondering if anyone could help?

I have two R9 charged off credit cards on my CR's with EX and TU. They are fairly old and there has only been one TL for each, so that means the OC hasn't sold it, but assigned it correct? Below i will post the information including DOLA because i know that's important.

CAPITAL ONE BANK Phone Number: (800)728-3277 High Credit/Credit Limit: $300.00 Account Number: XXX...xxx Payment Amount: Not Available Association to Account: Individual Balance: $1,328.00 Type of Account: Revolving Past Due: Not Available Date Opened: 2008-11 Date of Last Activity: 2009-06 Status: Bad debt, collection account or unable to locate Date Reported: 2014-07 Months Reviewed: Payment History: No payment 30 days late
No payment 60 days late
No payment 90 days late Prior Paying History: At least 120 days past due ( 2009-11 ) At least 120 days past due ( 2009-10 ) Three or more payments past due ( 2009-09 ) Comments: Written-off
Closed by credit grantor

ROYAL BANK VISA Phone Number: Not Available High Credit/Credit Limit: $1,000.00 Account Number: XXX...xxx Payment Amount: Not Available Association to Account: Individual Balance: $775.00 Type of Account: Revolving Past Due: $775.00 Date Opened: 2007-01 Date of Last Activity: 2010-09 Status: Bad debt, collection account or unable to locate Date Reported: 2014-07 Months Reviewed: Payment History: No payment 30 days late
No payment 60 days late
No payment 90 days late Prior Paying History: At least 120 days past due ( 2011-10 ) At least 120 days past due ( 2011-09 ) At least 120 days past due ( 2011-05 ) Comments: Written-off
Closed by credit grantor

As you can see my older Capital One card will fall off in june 2015, as it is 6 years in Canada correct? I have thought about waiting for it to fall off, but i have also read about requesting early obsolete deletions. My Visa with RBC still has 2 years left.

Here are some details about what i have done and what is on my account as far as names and addresses are concerned, because im hoping maybe i can clean these up on a technicality?

I have got my address deleted that is associated with my Capital One account.

Both Cards were taken out under a first name that i have since changed the spelling of legally, however the CRA, have my alias listed. I can't do anything with that im assuming.

I have sent a DV to the CA who currently has my RBC Visa and they responded with a copy of my signature and a few bill statements. I'm not sure my next move.

I also had a collection account that i have negotiated a PFD which i have read is harder to do in Canada,and that i probably will not find any success even asking the OC's on my charge off's for this.

CAN SOMEONE PLEASE HELP ME, i'm not sure what my next move should be? All i want is these things removed from my reports.

There doesn't seem to be too much discussion in the Canadian section but I was hoping some of you might have the answer to Authorized Users in Canada and if they report. Someone told me on Reddit that they think no credit cards in Canada report, but they aren't sure. Can someone comment on experience if they have, or list the ones that for sure do not?

Capital One Canada states in its FAQ section that they do NOT report, which is a bummer to me. The US partners do.

I was referred to this forum by a friend, and after reading through most of the stickied posts around the place I got a good understanding of some of the laws regarding credit reporting but need some clarification.
I was told that it was 6 years from the date last reported for collections / debt accounts, not last activity. If it was last activity / first delinquent date, I should be hitting the 6 years very shortly, so im not sure what to do here as last reported dates are mostly 2014.

Other than that, I would appreciate any advice to help build back up my credit. I am currently a student, and have limited means of generating income (am on government assistance because of a disability, but not full disability support so not much money per month). I might have $100 a month after saving towards tuition to pay off some debt.

I have ~$12000 total (after interest built up) in outstanding debt from a few years back.. was wondering the best course of action. There are various accounts so I have made a JPG and hosted a link if you wanted to check it over..

Here is the link for my credit info: http://imgur.com/dYLpF27

I don't NEED my credit at all right now, I use cash for everything, but I need to start working on it before it gets too late as I will be looking to purchase a home within the next 5-10 years. I graduate in 1.5 years and can start paying off major chunks of this if needed.

Thanks for any assistance!

PS. Sorry for posting a request like this as my first post, been reading a while, but could use some input from others around here.

We need some more activity in this forum!

I have to admit i am pretty green with envy at the credit card offers Americans get. They have such great bonus offers and so much selection,benefits, you name it!

One thing that interests me is the free FICO scores more and more cards seem to be giving. Canada doesn't have anyone that does that do we?!

Also, Americans have so many options for 3rd party sites that pull, most times for free! I wish those sites could be Canadian equipped, or someone made one for us.

If anyone on here knows anything, could you maybe list some great cards for us?

How can I stop hard inquires from the showing up on my credit report when I have no trade lines associated with them? I've been reading extensively throughout this forum but most rules seem to apply to the USA...........

I've sent letters indicating that i have no knowledge of the debt...they stop then another collection company starts up.... and another hard inquiry...can i ever get out of this vicious cycle?

Thanks in anticipation of any replies...........

I am in ontario if that helps

I have a few questions regarding my recent discharge (May 2013) from a consumer proposal.

Quick History - I couldn't keep up with 5 credit cards and filed for the proposal in 2009. As of May 2013 I've completed the proposal and my transunion is showing this discharge.

Questions:

1) The old credit card accounts (that were part of the proposal) are still showing up as delinquent accounts. When will they be removed?

2) With the proposal still on my record for next 3 years, assuming my credit history in the past 2 years as been really strong (I was still able to secure various credit cards and loans and cell phone - 5 records total w/ perfect history) can I expect to break a 650 beacon score even with the proposal on record?

Thanks

MinuteMaid

Problem is, their only methods of payment appear to be from US banks. They won't even take my MBNA Mastercard over the phone. WTF??

I'm trying to figure out what to do before my first payment date comes due.

What kind of financial institution can't take online payments via credit card? Paypal? Payee transfers...nothing!

Any other Canadians have a Comenity credit card with an American Store? What do you do?

Does anyone here know which bank in Canada has the most lenient lending policies when it comes to their credit cards when someone has declared bankruptcy in the past?

I've heard BMO will consider applications from past bankrupts after 2 years but am not sure if its true.

Can't go to CIBC, RBC, AMEX, Presidents Choice, MBNA, HBC as those were included in the BK.

Thanks!

I have been reading the post's and I'm completely Impressed with the amount of information and support everyone gives each other, Its such a relief to see people sharing the details of the ups and more so downs.

I'm finding myself in a bit of a jam and am seeking for advise on how to tackle my situation with my credit profile.

I was married but now separated,only to find that she neglected the bills and kept it from me as I was the only one working, also what is unfortunate was that the majority of the delinquent bills were all in my name.

Which forced me to file a consumer proposal in 2009.. after filing i began to notice some things that i didn't file in the proposal were showing up on my credit report. with this and the separation and filing for CP not to mention being laid off from my employment and also getting into a car accident and my car being written off and (the check i received didn't even cover the remaining loan amount).. I started sinking into depression which took my mind from sorting out my credit back then..

But after being out of work for 6 months, I was recalled back to work and started to plug away working hard. I eventually met my current partner,and now we are saving to buy our first home and she knows I have bad credit , But I'm so embarrassed to tell her how really bad it is ....

So I'm going to copy and past both credit reports on this thread and will leave brief status or questions besides the creditor highlighted in red, I would appreciate any help and advice on how to tackle my terrible credit reports

First up

Trans Union Canada Credit Score 482

*******ADDED IN WITH CONSUMER PROPOSAL*****

TD FINANCING SERVICES

Account #: ***************

Condition: [Derogatory]
Balance: $4076

Type: Revolving account

Pay status: Bad debt/collection/skip
Payment: $164

monthly (due every month)

Opened: 06/04/2007
Reported: 10/08/2009

Responsibility: Individual account

*******ADDED IN WITH CONSUMER PROPOSAL*****

CAPITAL ONE BANK

Account #: **************

Condition: [Closed]

Balance: $673

Type: Revolving account

Pay status: Over 120 Days Late

Payment: $20

Monthly (due every month)

Opened: 02/23/2006

Reported: 06/10/2009

Responsibility: Individual account

***father was joint on this one and got a loan and I payed it off****8

PC FINANCIAL - CIBC

Account #: **************

Condition: [Derogatory]

Balance:

Type: Revolving account

Pay status: Paid as Agreed

Payment: $0

Monthly (due every month)

Opened: 02/10/2003

Reported: 02/06/2010

Responsibility: Joint account

Installment Accounts: Accounts comprised of fixed terms with regular payments

*******ADDED IN WITH CONSUMER PROPOSAL****

BUT THEY STILL REPORT- WHEN WOULD THIS FALL OFF?

WFF CORP CANADA

Account #: ***************

Condition: [Derogatory]

Balance:

Type: Installment account

Pay status: Bad debt/collection/skip

Payment: $0

Monthly (due every month)

Opened: 08/21/2008

Reported: 02/04/2013

Responsibility: Individual account

*******PAID AS AGREED*****

WFF CORP CANADA
Account #: ****************

Condition: [Closed account] ([Paid])

Balance:

Type: Installment account

Pay status: Paid as Agreed

Payment: $0

Monthly (due every month)

Opened: 03/01/2008

Reported: 08/31/2008

Responsibility: Individual account

**************PAID THE BANK BEFORE RECEIVING COLLECTION NOTICE*****

CDN IMPERIAL BK OF COMME

Account #: ******

Condition: [Closed account] ([Paid])

Balance:

Type: Installment account

Pay status: Bad debt/collection/skip

Payment: $0

Monthly (due every month)

Opened: 02/01/2007

Reported: 08/01/2007

Responsibility: Individual account

**************PAID OFF**************

TD FINANCING SERVICES

Account #: ***************

Condition: [Closed account] ([Paid])

Balance:

Type: Installment account

Pay status: 90-119 Days Late

Payment: $0

Monthly (due every month)

Opened: 05/04/2006

Reported: 12/19/2010

Responsibility: Individual account

*******ADDED IN WITH CONSUMER PROPOSAL****BUT THEY STILL REPORT- WHEN WOULD THIS FALL OFF?

WFFCC

Account #: ***************

Condition: [Derogatory]

Balance:

type: Installment account

Pay status: Bad debt/collection/skip

Payment: $0 Monthly (due every month)

Opened: 07/09/2005

Reported: 02/04/2013

Responsibility: Individual account

OTHER:Accounts in which the exact category is

**** WHAT DO I DO ABOUT THIS ACCOUNT***

ROGERS COMMUNICATIONS Account#: Condition: [Derogatory] Balance: $2261 Type: Open account Pay status: Bad debt/collection/skip Payment: $0 Monthly (due every month) Opened: 08/06/2005 Reported: 05/07/2013 Responsibility: Individual account

COLLECTION ACCOUNTS:Delinquent accounts sent for recovery

*******THIS IS BECAUSE OF ABOVE*****

ACC.RECVY. CORP

Original Creditor: ROGERS COMMUNICATIONS
Opened: 04/02/2013

Condition:

Account #: ***********

Balance: 05/23/2013

Responsibility: Individual account

High Balance: $2261

Balance: $2261

Remarks:

*******JUST NEGOTIATED WITH COLLECTIONS TO REMOVE AS I MADE AN OFFER OF 50% TO REMOVE*****

PROFCOLL SERVS

Original Creditor: DR AL W GUSENBAUER
Opened: 07/19/2012

Condition:

Account
#: ***********

Balance:07/21/2012
Responsibility: Individual account
High Balance: $579 Balance:
$579 Remarks:

*******SORTED THIS ONE IT'S AN ERROR SHOULD CLEAR IN 30 DAYS ****

GB COLL AGENCY

Original Creditor : THE EFFORT TRUST COMPANY

Opened: 06/26/2012

Condition:

Account #: ***********

Balance:
06/05/2013

Responsibility: Individual account
High Balance: $349

Balance:
$349

Remarks:

***SENT OF A PAY FOR DELETE AWAITING REPLY*****

ARO COLLECTIONS

Original Creditor: CASH CONVERTERS LOANS - 877-78

Opened: 05/23/2012
Condition:

Account #:*********

Balance:

06/07/2013

Responsibility: Individual account

High Balance: $382

Balance: $382

Remarks:

**PAID BUT THEY STILL REPORT A BALANCE OF $0 WHY?

RENAISSANCE COLL

Original Creditor: SHOPPERS DRUG MART 1052
Opened: 01/19/2012

Condition:[Paid]

Account #: ********

Balance:

06/06/2013

Responsibility: Individual account

High Balance: $340

Balance: $0

Remarks: Paid

*******ADDED IN WITH CONSUMER PROPOSAL BUTT THEY DECLINED TO BE ADDED TO IT SO WHAT HAPPENS TO THIS ?????

STCATH CRDT CORP

Original Creditor: CASH DEPOT

Opened: 04/26/2010
Condition:

Account #: ********
Balance:

05/27/2013

Responsibility:
Individual account

High Balance:$1016

Balance: $1800

Remarks:

******PAID BUT THEY STILL REPORT A BALANCE OF ZERO EVERY MONTH WHAT CAN I DO WITH THIS ????

RENAISSANCE COLL

Original Creditor: FENNELL GAGE DENTAL CENTRE

Opened: 02/27/2009

Condition:[Paid]

Account #:****

Balance:

06/06/2013

Responsibility: Individual account

High Balance: $196

Balance: $0

Remarks:

PUBLIC INFORMATION

Registered Item # *** I ASSUME THIS IS A LIEN FROM A CAR LOAN- CAR I BOUGHT FROM DEALER WHO OFFERED ME IN-HOUSE FINANCING *****

Filed: 12/17/2010 Original: $7389 Security: Inventory Revised: 01/09/2011

Type: Class: Non-derogatory

Matures:08/15/2012

Lender: ACEN MOTORS INC.

Remarks: Balance not Available From Credit Grantor

*******PAID OFF 1 YEAR EARLY SHOULD UPDATE WITHIN 21 DAYS **********

Bankruptcy # *********

Reported: 05/04/2009

Division:

Discharged:
Company: MNP LTD / MNP LTEE
Revised: 09/19/2011

Assets:$7900

Type: Class:Derogatory

Court #: *********

Liabilities: $40198

Trustee: GOWLING, DAVID DELMER

Bankruptcy Status:

Remarks: Proposal

EQUIFAX CANADA CREDIT SCORE 500

****WHAT DO I DO ABOUT THIS ACCOUNT***

ROGERS COMMUNICATION

Phone Number:(877)764-3772

High Credit/CreditLimit:

Account Number: XXX...XXXX

Payment Amount:

Not Available Association to
Account: Individual

Balance: $2,261.00
Type of Account: Open

Past Due: NotAvailable

Date Opened: 2005-08

Date of Last Activity: 2010-12

Status: Bad debt, collection account or unable to locate

Date Reported: 2013-05 Months
Reviewed:

Payment History:

No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: Three or more

payments past due ( 2011-09 ) Two payments past due ( 2011-08 ) One payment
past due ( 2011-07 ) Comments: Closed by credit grantor

Acct assigned to third party for collection

* This item is not displayed to all credit grantors and will not impact your credit score.

CURRENT CELL PHONE BILL 1 LATE

BELL MOBILITY

Phone Number:(800)361-2613

High Credit/Credit Limit:$674.00

Account Number: XXXXXXXX
Payment Amount: Not Available Association to Account: Individual

Balance: $294.00 Type of Account: Open Past Due: Not Available Date Opened:
2010-01 Date of Last Activity: 2013-04
Status: Paid as agreed and up to date
Date Reported: 2013-04

Months Reviewed: 38

Payment History: 01 payments30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: One payment

past due ( 2011-09 ) Comments: Monthly payments

* This item is not displayed to all credit grantors and will not impact your credit score.

**** INCLUDED IN PROPOSAL***

WFFCC

Phone Number: (800)461-8794

High Credit/Credit Limit: $5,239.00

Account
Number: XXXXXXXX

Payment Amount:
$201.00

Association to Account: Individual
Balance: $0.00

Type of Account: Installment

Past Due: $0.00

Date Opened: 2008-08

Date of Last Activity: 2009-02

Status: Bad debt, collection account or unable to locate
Date Reported: 2013-01 Months Reviewed:
Payment History: No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: Comments: Transferred or sold

Note loan

**** INCLUDED IN PROPOSAL***

WELLS FARGO AUTO FIN

Phone Number: (866)632-1215

High Credit/Credit Limit: $13,779.00

Account
Number: XXXXXXXX

Payment Amount: $339.00

Association to Account: Individual
Balance: $0.00

Type of Account: Installment

Past Due: $0.00

Date Opened: 2005-07 Date of Last Activity: 2009-03

Status: Bad debt, collection account or unable to locate
Date Reported: 2013-01 Months Reviewed:
Payment History: No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: At least 120

days past due ( 2009-09 ) At least 120 days past due ( 2009-08 ) At least 120
days past due ( 2009-07 ) Comments: Transferred or sold

father was joint on this one and got a loan and I payed it off Monthly payments

PC FINANCIAL CIBC

Phone Number: (888)872-4724

High Credit/Credit Limit: $5,000.00

Account Number: XXXXXXXXX

Payment Amount:$200.00

Association to Account: Joint

Balance: $0.00

Type of Account:Revolving

Past Due: Not Available Date
Opened: 2003-02 Date of Last Activity:
2009-09 Status: Bad debt, collection account or unable to locate Date Reported: 2012-09 Months Reviewed: Payment History: No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: Three or more

payments past due ( 2009-12 ) Three or more payments past due ( 2009-11 ) Three
or more payments past due ( 2009-10 ) Comments:

Settlement madePersonal loan

I PAYED THIS OFF WHEN CAR WAS WRITTEN OFF

TD AUTO FINANCE CAN

Phone Number: (800)832-3321

High Credit/Credit Limit: $17,139.00

Account Number: XXX..XXXX

Payment Amount: $482.00

Association to Account: Individual

Balance: $0.00

Type of Account: Installment

Past Due: $0.00
Date Opened: 2006-05

Date of Last Activity: 2010-11

Status: Paid as agreed and up to date

Date Reported: 2010-11 Months Reviewed: 10
Payment History: 01 payments 30 days late

01 payments 60 days late

01 payments 90 days late Prior Paying History: Three or more

payments past due ( 2010-10 ) Two payments past due ( 2010-09 ) One payment
past due ( 2010-08 ) Comments: Account paid

*******ADDED TO CONSUMER PROPOSAL*****

WFF CORP CANADA

Phone Number: Not Available

High Credit/Credit Limit: $5,239.00 Account

Number: XXX.XXXXX

Payment Amount:$201.00

Association to Account: Individual
Balance: $0.00

Type of Account: Installment

Past Due: $0.00

Date Opened: 2008-08 Date of Last Activity: 2009-02

Status: Bad debt, collection account or unable to locate
Date Reported: 2010-06 Months Reviewed:
Payment History: No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: One payment

past due ( 2009-04 ) Two payments past due ( 2009-03 ) One payment past due (
2009-02 ) Comments:

Included in bankruptcy

Transferred or sold

*******ADDED TO CONSUMER PROPOSAL*****

TD FINANCE CAN

Phone Number: (800)832-3321

High Credit/Credit Limit: $4,523.00

Account
Number: XXX.XXXXX

Payment Amount:$164.00

Association to Account: Individual
Balance: $4,076.00

Type of Account: Revolving

Past Due: $0.00 Date Opened: 2007-06 Date of Last Activity: 2009-04

Status: Bad debt, collection account or unable to locate
Date Reported: 2009-09 Months Reviewed:
Payment History: No payment 30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: Three or more

payments past due ( 2009-08 ) Two payments past due ( 2009-07 ) One payment
past due ( 2009-06 ) Comments: Written-off

Personal loan

*************** PAID AS AGREED***************

WFF CORP CANADA
Phone Number: (905)318-7238

High Credit/Credit Limit:$2,955.00

Account Number: XXXXXXXXXX
Payment Amount: $113.00

Association to Account: Individual

Balance: $0.00 Type of Account:
Installment Past Due: $0.00

Date Opened: 2008-03

Date of Last Activity:2008-08

Status: Paid as agreed and up to date
Date Reported: 2008-09 Months Reviewed: 01 Payment History: No payment
30 days late

No payment 60 days late

No payment 90 days late Prior Paying History: Comments: Account paid

Note loan

Collection Accounts

MAILED LETTER TO NEGOTIATE PAY FOR DELETE*****

CASH CONVERTERS LOANS 877 78

Date Assigned: 2012-05

Account Number: XXXXXXXX

Collection Agency:AGE RECOU OGILVIE Reason:

Amount:$382.00

Balance Amount: $382.00

Date of Last Payment: 2011-04 Date Paid: Date Verified:

Comments:

*******ADDED TO CONSUMER PROPOSAL BUT THEY DECLINED WHAT HAPPENS NOW ?????*****

CASH DEPOT

Date Assigned:2010-04

Account Number: XXXXXXX

Collection Agency: CBS CANADA

Reason:

Amount: $1,016.00

Balance Amount: $1,800.00

Date of Last Payment: 2010-02

Date Paid:
Date Verified:

Comments:

I think i covered everything, Sorry for the really long thread...

D

I'm starting to get really fed up, frustrated and embarrassed of my situation and have no idea how to fix it. Back when I first turned 18, I applied for a credit card ($500 limit) and was approved straight away. I lost my job about a year later and was unable to make even the minimum payment on my balance (it was completely maxed out because I was an salamander with spending) and it went into collections. This credit card that went to collections still pops up as an "active card" with every place I've applied to get a credit card (including my own bank, a different bank than my original credit card that was issued), even though it's been long cut up and gone about 3 years ago by order of my old branch. Naturally, this looks terrible on all my applications. I no longer have this credit card and it's currently in collections, so why is it still showing up on my applications? I feel like I'm missing something here.

I have a couple of other debts as well which are both with Telus. One is for a cable TV bill that went unpaid due to some falling outs with my old roommates (I was the only one making payments on it, everyone else lied about paying their share) so eventually it got racked up with late fees and additional charges. I was so upset about this situation that I moved out and made the mistake of leaving the bill open and without payment. Boom. Straight to collections, owing $750. The next was my cell phone bill, which I also couldn't afford to pay after losing my job. I called Telus to try and cancel my service and was told to pay $420 of money I did not have in order to cancel my contract. Naturally, it eventually went to collections as well.

The kicker and stupidest move on my part was taking out payday loans to get by after all this happened and I lost my job. Long story short, I owe a total of about $800 between 3 different loan companies dating about 2 years back from today. I went into a deep depression over personal and relationship issues so I was very apathetic about paying this money back at the time it was the most urgent and opportune. Now that I've picked myself up again, the thought of how much interest I've probably accrued from all of this scares me. I currently owe around $2600 as a rough estimate for my current debt (it is most likely more than this however). It could be far far far worse and is a fairly small amount, but the marks on the credit score are hurting me more than the actual money owing itself.

I am now 22 years old with a good paying job and far better financial habits. I never overdraft from my accounts, am never late on rent, pay my current cell phone bill on time every month in full and bought a car without the use of a loan (so there's no debt there). I feel useless when it comes to helping my boyfriend with financials however (we live together) because of my poor credit and not being able to take out anything in my name once the word "credit check" pops up. He says that it doesn't bother him and he knows and understands my situation (he feels it is "his job" to take care of me) but I feel terrible that everything has to be in his name due to my teenage mistakes. I would like to help him out and take some responsibility as well, despite the fact he feels it's unnecessary.

My credit and debt situation is just a big mess. I have no idea which agency has what balance so I don't even know where to begin getting in contact to fix this. Just recently my car has been having trouble and the amount to fix it is too great for me to afford. I can't get a car loan without a cosign, which I don't want anyone to have to do for me anyway. Even places that practically hand out credit cards won't approve me. All of the collections calls have mysteriously stopped for the past year or so, and this scares me too as I fear they may be starting to take further action. I really just need some advice on where to start fixing all of this before it gets worse and to get my life back. Can anyone help?

I am fairly ignorant in the details of credit ratings and loans etc etc and I have a few questions but first a little background i suppose.

I am currently 25 years old and from 18 - 23 or so I was completely irresponsible and careless with my credit/finances and messed my credit up pretty bad. Recently I have gotten back on track somewhat and my current situation is looking like this:

I have a current credit rating of 658 (equifax) I have zero debt at the moment however and one credit card with a 6k limit i got 6 months ago. I make roughly $120k a year and have been with my current employer a little over a year.

My question really is how long is it going to take to repair my credit rating, what should i be doing and are their any ways i can speed this process up?

Also I would like to purchase a new vehicle soon as my current one could seriously call it quits anyday. Will my other factors help overcome my poor rating (no debt, 120k income) or would i simply be wasting my time trying to finance a vehicle with 658 rating? I really dont want to go in there looking for a vehicle if im essentially wasting my time.

Thanks in advance.