Taking charge of your credit report

Did you know?

True or false: The most important factor in your credit score is your payment history.
  • True
  • False

Your credit report shows your history of paying bills and borrowing money. It's used to calculate your credit score. Banks, businesses, and others look at your credit report and credit score to decide whether to hire you, lend you money, or do business with you. It's a good idea to review your credit report regularly.

Five key things to know about your credit report

Tip to improve your credit score

Your credit score can have a major impact on your life. Learn tips to improve your credit score.

  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in February 2020
  • Time to read: 5 minutes

Reviewed for legal accuracy by

Casey Harris, Barrister & Solicitor; Wendy Andersen, Digby Leigh & Co. ; and Robert Rogers, Hamilton Duncan

Casey Harris
Wendy Andersen
Robert Rogers

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We are grateful to work on the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səlilwətaɬ (Tsleil-Waututh) Nations, whose Peoples continue to live on and care for these lands.