Every day, millions of Canadians purchase goods and services using credit. In order to obtain credit, one has to apply for it through a credit grantor, such as a credit card company. Credit grantors base their decision on your past credit history. They can obtain this information from a third party credit reporting agency like Equifax Canada or TransUnion. Your credit history provides credit grantors with very specific information about how you handle your finances.
With CIBC CreditSmart credit report alerts, Equifax Canada will inform you of key changes to your personal Equifax credit report so you can respond immediately to suspicious activity. You can choose to be contacted by phone, e-mail or through a message posted on your CIBC Online Banking Message Centre.