Credit bureau – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 21 Sep 2023 18:13:07 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Credit bureau – Advisor's Edge https://phoenix.advisor.ca 32 32 Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes https://phoenix.advisor.ca/news/industry-news/fraud-in-mortgage-credit-card-auto-sectors-rises-amid-interest-rate-hikes/ Thu, 21 Sep 2023 18:13:07 +0000 https://www.advisor.ca/?p=230995 If high rates persist, fraudulent activity could accelerate

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]]> Speculative-grade Canadian companies held up well during pandemic https://phoenix.advisor.ca/news/industry-news/speculative-grade-canadian-companies-held-up-well-during-pandemic/ Fri, 19 Mar 2021 17:39:16 +0000 https://www.advisor.ca/?p=192878 A report from Moody's Investors Service says the default rate was much higher for U.S. firms

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]]> Equifax to pay up to $700M in data breach settlement https://phoenix.advisor.ca/news/industry-news/equifax-to-pay-up-to-700m-in-data-breach-settlement/ Mon, 22 Jul 2019 14:38:43 +0000 https://www.advisor.ca/?p=168153 Settlement includes up to $425M in monetary relief to customers

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]]> Desjardins helps members who were victims of data theft access protection https://phoenix.advisor.ca/news/industry-news/desjardins-helps-members-who-were-victims-of-data-theft-access-protection/ Fri, 05 Jul 2019 19:12:47 +0000 https://www.advisor.ca/?p=167643 Personal information of 2.9 million members was leaked in June

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]]> No fraud evident in hacked accounts, says Equifax Canada privacy officer https://phoenix.advisor.ca/news/industry-news/no-fraud-evident-in-hacked-accounts-says-equifax-canada/ Wed, 24 Jan 2018 12:22:33 +0000 https://avatar.advisor.ca/uncategorized/no-fraud-evident-in-hacked-accounts-says-equifax-canada/ Equifax Canada is making spokespeople available as it tries to restore trust

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]]> Remind clients to order credit reports: FCAC https://phoenix.advisor.ca/news/industry-news/remind-clients-to-order-credit-reports-fcac/ Fri, 03 Nov 2017 12:27:02 +0000 https://avatar.advisor.ca/uncategorized/remind-clients-to-order-credit-reports-fcac/ The Financial Consumer Agency of Canada (FCAC) recommends ordering credit reports at least once per year

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]]> A new reason to pay more than the minimum on credit balances https://phoenix.advisor.ca/news/industry-news/a-new-reason-to-pay-more-than-the-minimum-on-credit-balances/ Thu, 23 Feb 2017 12:21:33 +0000 https://avatar.advisor.ca/uncategorized/a-new-reason-to-pay-more-than-the-minimum-on-credit-balances/ Many Canadians say they don’t have the funds to make RRSP or TFSA contributions. However, most Canadians have the funds for something else important to their financial well-being: paying more than the minimum amount on credit card balances. And, while that kind of commitment helps pay off debt faster, it may also boost a client’s […]

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]]> Buyer’s remorse and identity theft make for less-than-happy holidays https://phoenix.advisor.ca/my-practice/conversations/buyers-remorse-and-identity-theft-make-for-less-than-happy-holidays/ Thu, 24 Nov 2016 11:46:05 +0000 https://avatar.advisor.ca/uncategorized/buyers-remorse-and-identity-theft-make-for-less-than-happy-holidays/ Will your client’s cash-flow plan hold up during the holiday buying frenzy? An impressive two-thirds of Canadians (66%) say they prepare a budget for holiday shopping, reveals a survey by Equifax Canada. But planning that budget and sticking to it may be two different things — especially if clients are filling orders for Santa. Households […]

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]]> S&P cuts Standard Chartered’s credit rating https://phoenix.advisor.ca/news/industry-news/sp-cuts-standard-chartereds-credit-rating/ Fri, 28 Nov 2014 10:05:42 +0000 https://avatar.advisor.ca/uncategorized/sp-cuts-standard-chartereds-credit-rating/ Ratings agency Standard & Poor's has cut its credit rating on Standard Chartered.

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]]> Hackers compromise security of 47% of Americans https://phoenix.advisor.ca/news/economic/hackers-compromise-security-of-47-of-americans/ Mon, 02 Jun 2014 05:59:11 +0000 https://avatar.advisor.ca/uncategorized/hackers-compromise-security-of-47-of-americans/ Hackers have made off with personal information from 110 million Americans in the past 12 months, says CNN.

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