How to Fix Errors on Your Credit Report

There is nothing worse than going to apply for a mortgage on a home you have an offer in on and finding out you have something that is an error on your credit. I cannot stress enough the importance of getting a full preapproval. More often than not, these errors can take 30-60 days to fix and can be somewhat of a process.

If a lender has told you about an error and you`d like to fix it you can do the following:

Equifax
1. File a Virtual Dispute via the Equifax Online Form
2. Mail a copy of any proof of payment to
Equifax Canada Co.
Consumer Relations Department
Box 190 Jean Talon Station
Montreal, Quebec
H1S 2Z2

Or By fax: (514) 355-8502

Make sure to include a letter signed by you with the instructions `Please Update my Credit Report` with your phone number and 2 pieces of ID (one government issued photo- normally Driver`s License)

Trans Union

Send supporting documentation in with This Form

Make sure you provide the following information:
•Full name
•Current address
•Previous address (if less than two years at current address)
•Date of birth
•Social Insurance Number (optional)
•Employment information (optional)
•Telephone number (optional)
•Name of the company you have a dispute with (from your credit report)
•Account number, if known
•Reason for your dispute (e.g., you have paid the account, etc.)
•Documentation to support the amendment you have requested. If the amendments are to your personal information (e.g., name), please provide supporting identification documentation, such as change of name certificate, marriage certificate, etc.

Mail form and documentation
Please send the completed form and supporting documentation to:
English speakers in all provinces except Quebec
TransUnion Consumer Relations Department
P.O. Box 338, LCD1
Hamilton, Ontario
L8L 7W2