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"Equifax Canada is pleased with the recent decision by Service Nova Scotia and Municipal Relations regarding online credit reports," said Carol Gray, President of Equifax Canada. "For many years, we have stated our willingness to provide Nova Scotia consumers with the same access to their credit reports online as other Canadians," she continued.
Nova Scotia previously prohibited the online sale of credit reports based on an interpretation of its Consumer Reporting Act - the Act governing the collection and distribution of personal information by consumer reporting agencies. It also defined a consumer's right to free access to their credit report. The divergence from the province's initial position is based upon the possibility of multiple interpretations of Section 12 of the Act. Free credit reports will still be available to Nova Scotians, as they are in the other provinces, by mail, telephone, and in-person.
Over the next several months, Equifax will be working to ensure that the convenience of online credit reports is available to Nova Scotians, for a reasonable fee that's comparable to other provinces.
About Equifax:
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses - large and small - rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 7,000 people in 14 countries through North America, Latin America, and Europe. Equifax is a member of Standard & Poor's (S&P) 500 Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
SOURCE: Equifax Canada Inc.
Michael Lofquist, Marketing & Communications Manager, at (416) 227-5290 or visit our website at www.equifax.ca
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