‘I’m just so furious’: Mother and son both fall victim to Equifax Canada hack + MORE Oct 21st

How to go about securing the best rate and plan for your credit card in Canada.
Latest News

Half of new credit accounts are opened online Apr 5th

Half of new credit accounts are opened online, but the percentage differs by generation, a Jumio survey finds. For example, millennials lead in starting and completing a credit application by smartphone..... More »

How to handle unpaid corporate credit card May 22nd

If you have a credit card from the company you work for with your name on it, you can find yourself battling creditors if the corporation doesn't pay.... More »

Shoppers can earn Aeroplan points on Amazon.ca + MORE Mar 23rd

Canada’s more than five million Aeroplan members can now earn rewards points when shopping on Amazon.ca. Starting April 24, 2018, shoppers will be able to earn one Aeroplan Mile per dollar spent through the online retail giant. Just make sure you access Amazon.ca through Aeroplan’s shopp.... More »
credit card

Poll: Lending out your credit card often leads to disaster + MORE Mar 6th

Nearly half of Americans who have owned credit cards lent them out to other people. For a third of them, it didn't end well.... More »

The Best No Annual Fee Credit Cards of 2018 + MORE Jan 22nd

Best No Annual Fee Credit Cards Tangerine Money-Back Credit Card Up to three categories at 2% cashback Apply Now .... More »
Robin Harvey thought she was being financially prudent when she urged her son to sign up to monitor their credit files at Equifax Canada in 2013.
Her son was graduating from university at the time, and the former journalist pushed him to keep a close eye on his records while reactivating her account with the credit monitoring agency as well.
Unfortunately, that move likely exposed them to the very thing she was trying to avoid _ both received letters this week notifying them that their personal information, as well as account passwords and security answers, were exposed in the massive Equifax cyberhack reported last month.
“I’m just so furious, and I can’t believe it,” the Toronto woman said in an interview with The Canadian Press.
“I did something that I thought was helping him be a responsible, fiscal consumer… And it’s tragic that it turned out this way. It’s exactly the opposite of what I wanted.”
Harvey and her son are among the 8,000 Canadians whose personal data, and in some cases credit card details, was stolen by hackers in the massive Equifax data breach discovered on July 29…

Continue Reading On canadianbusiness.com »

While credit cards have long vied to be top of wallet, issuers now aim to be a cardholder’s default payment app, too

Continue Reading On creditcards.com »


Compare insurance quotes through Kanetix.ca - save time and money!