Starting August 1, 2013, Equifax will begin reporting telecommunication company trade lines on your credit report.
This means your Rogers, Bell, Telus etc accounts.
It will be very important to ensure your payments are always up to date, since any missed payments could now influence an underwriters credit decision, if you are seeking a new mortgage or loan.
A very good discussion to have with your children, grand children or clients.
Have a wonderful day!
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