Podcasts about equifax canada

June 14, 2025 - Q1 2025 Equifax Canada consumer trends report by VOCM

Guest: Rebecca Oakes, vice-president of advanced analytics, Equifax Canada

March 15, 2025 - Equifax Canada consumer trends report - interest rates, debt & impact of tariffs by VOCM

The third quarter 2024 Business Credit Trends Report by Equifax Canada is in, showing that businesses are taking on more debt, especially if they're new. Jeff Brown, head of commercial solutions at Equifax Canada, joins Evan to check-in on businesses and their debts heading into the holidays.

RECOVERING POLITICIANS: ONTARIO'S NEW AG SHELLY SPENCE'S NEW REPORT, METROLINX CEO LEAVES THE COMPANY AND MORE Libby Znaimer is joined by George Smitherman, former Liberal MPP for Toronto Centre, Health Minister and Deputy Premier, Cheri DiNovo, former NDP MPP and Janet Ecker, former Ontario PC Finance Minister. Ontario's new Auditor General, Shelley Spence, has released a damning first report, sharply criticizing Premier Doug Ford's government. In education, the report highlights increased violence and financial mismanagement within the Toronto District School Board. Additionally, the resignation of Metrolinx CEO Phil Verster is seen as a win by many. GIVING TUESDAY, A DAY OF GENEROSITY Libby is joined by Sharon Avery, President and CEO of Toronto Foundation and Bruce MacDonald, President & CEO of Imagine Canada. Since its launch in 2013, Giving Tuesday has expanded globally, now being observed in 90 countries. The event, which takes place on the Tuesday after American Thanksgiving (this year on Dec. 3), encourages donations to non-profits, community organizations, and individuals. In 2021, the Canadian branch of Giving Tuesday reported that $43 million was raised online, highlighting the growing impact of this global movement. CANADIANS WARNED ABOUT RISE IN SCAMS AMID CANADA POST STRIKE Libby is joined by Detective David Coffey, Toronto Police Service's Financial Crimes Unit. As the Canada Post strike continues, the fallout extends beyond delayed deliveries. Equifax Canada reports a significant rise in fraud attempts, including phishing emails and deepfake phone calls, many of which are related to parcels and shipping. While such scams typically increase during the holiday season, the ongoing postal disruption and shipment confusion have fueled even more efforts to steal personal information and money. Libby and Detective David discuss ways to be more vigilant.

What happens if the credit bureaus have the wrong information about you? Julie Kuzmic, from Equifax Canada, joins us to share the what the impact can be and what you can do to resolve the issue. Connect with Julie on X and LinkedIn.

Getting laid off and sharing your experience on TikTok. Giovanna Ventola, founder of Rhize, shares why she turned to social media after losing her job and how she's now helping others with their job search.  Then, a growing trend called “Bleisure Travel”. Personal finance expert Jessica Moorhouse tells us how Canadians are mixing business and leisure when going on work trips. And what happens if credit bureaus have your information wrong. Julie Kuzmic from Equifax Canada takes us through how to resolve the issue.  Plus, we'll speak with Robert Kilner,  Licensed Insolvency Trustee at Spergel, about how debt load can affect your mental well-being. To find out more about the guests check out: Giovanna Ventola: TikTok | Instagram | LinkedIn Rhize: rhizetogether.com | LinkedIn Jessica Moorhouse: com | Instagram Julie Kuzmic: X | LinkedIn Spergel: spergel.ca | Instagram | X | Facebook Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

August 31 2024, - Equifax Canada's latest Consumer Trends Report by VOCM

Drone guy contacts Arkells, shows some footage / Blue Jays Red Sox game first ever to feature same player appearing on both teams (1:40); Inspired by our 9:35 topic... what's a dream activity you'd like to try, whether in Manitoba or on vacation? (9:55); Equifax Canada report shows consumer debt hit $2.5 trillion in Q2 2024. Credit card balances alone soared to $122 billion, the highest since 2007 (18:25); Dream activities (26:05); Breakfast with the Bombers - Legendary Hall of Fame punter Bob Cameron (29:10); Churchill Marine Observatory opens today in Churchill... what is it? Why do we need it? (40:55); Winning story on dream activities (50:10); Golf Dream Come True - Winnipegger with congenital heart disease to be the 18th recipient from the Round of a Lifetime Foundation (54:50).

Today is a very special day in the Do Good to Lead Well universe! The podcast officially turns 100. It is hard to imagine how far we have traveled together in a very short time. It is impossible to do justice to the amazing conversations we have shared together. To mark this very special occasion, I curated some of the most inspiring and thought-provoking insights shared by the CEOs, bestselling authors, and TED speakers I have spoken with over the past 2 years. I picked the clips that attendees most commented on during or after the live broadcast. My goal on putting this episode together was to provide a masterclass on self-leadership. After sharing these powerful clips, I'll provide my commentary, linking the threads together and connecting them with past guests. At the close of the episode, the tables are turned as Alan Mulally, the former CEO of Ford Motor Company and my collaborator on my latest book, asks me a question or two. I hope you enjoy this extended episode as much as I did putting it together. What You'll Learn: • Why we need to manage things and lead people. • How radical respect is the foundation of leadership effectiveness. • Why the best leaders focus on continuous improvement. • How to better manage our egos • Delegation allows us to scale ourselves as leaders and uplevel our team members. • Ways to create an inclusive environment. • How to maximize personal accountability • Navigating conflict and leading with courage • Building resilience  • Mastering authentic leadership Podcast Timestamps: (00:00) - A Heartfelt Thank You (07:11) - Manage Things, Lead People with Stephen M.R. Covey (Bestselling Author of Trust & Inspire and The Speed of Trust) (13:27) - Radical Respect: A Foundation for Positive Leadership with Kim Scott (Bestselling Author of Radical Respect and Radical Candor) (17:27) - What Do I Need to Do to Be Better? With Dr. Lisa Calder (CEO, Canadian Medical Protective Association) (22:21) - Humility Is The New Smart with Ed Hess (Bestselling Author + Professor Emeritus, Darden) (27:01) - Unleashing the Power of Your Team with Sue Hutchison (President and CEO of Equifax Canada) (31:45) - The Power of Curiosity and Asking Questions with Tracey Black (Former CEO of Payments Canada) (35:38) - Give Things Away to Scale Yourself with Adam Bryant (Bestselling Author of The Leap to Leader and The Corner Office) (40:35) - Truly Creating an Inclusive Environment with Sally Helegesen (Bestselling Author of Rising Together and How Women Rise) (44:54) - How to Leverage the Upsides of Conflict with Matt Abrahams (Bestselling author of Think Faster, Talk Smarter) (51:32) - Leading with Courage with Doug Conant (Bestselling Author of The Blue Print + former CEO of Campbell Soup Company) (57:22) - The Maniac Pledge: A Mantra for Personal Accountability with Garry Ridge (Bestselling author + former Chairman and CEO WD-40 Company) (1:02:57) - Self-Compassion: An Underdeveloped leadership and life skill with Kristin Neff (Bestselling author and pioneering researcher) (1:08:35) - What Is Authentic Leadership? with Alan Mulally (Former CEO of Ford Motor Company) Key Topics Discussed: Positive Leadership, Managing Emotions, Emotional Intelligence, Mindset, Humility, Learning Moments, Asking Questions, Seeking Feedback, Resilience, Empathy, Accountability, Inclusivity, Delegation, Coaching, Curiosity, Active Listening, Leading with Courage, Vulnerability, Values, Productivity, Self-Discovery, Self-Leadership, CEO Success More of Do Good to Lead Well: Website: https://craigdowden.com/LinkedIn: https://www.linkedin.com/in/craigdowden/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/craig-dowden/message

In this episode, we delve into the pressing issue of the debt crisis gripping Canada. With consumer debt soaring to unprecedented levels, the financial strain on Canadians has become undeniable. Credit card and mortgage delinquencies are up, especially in Ontario and B.C. where home prices are exceptionally high. Rebecca Oakes, Vice-President of Data & Analytics at Equifax Canada, joins me as we uncover the root causes behind this alarming trend and explore potential avenues for relief.-------------------------------------⏰Timestamps: 00:00 - 05:00 A deep dive into the debt crisis in Canada05:06 - 07:00 Mortgage prioritized over credit cards with high interest07:00 - 12:00 Immigrants rely on credit for essentials.12:05 - 14:00 Credit score impacts mortgage rates and offers.14:16 - 18: 00 Credit score predicts payment behavior, rebuildable. Utilization matters.18:01 - 19:00 Check credit report more than once yearly.----------------------------------------GUEST LINKS & RESOURCES:https://www.consumer.equifax.ca/personal/ LEARN MORE ABOUT BMO ETFS (SPONSOR)----------------------------------------Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advoacate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and whereever you get your podcasts. Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/Follow on X: https://twitter.com/strictlymoneytvGet in touch: https://saijelle.com/contact-us/Join Saij Elle's FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

In 2021 Twilio sent a termination email on their Fax services. I was consulting as the CTO in a credit bureau that was in the start of an acquisition process with Equifax Canada. There was just no time to "waste" on changing provider and rewriting this part of the system to satisfy the new provider API.Would have been grand if the provider would have offered a shim that replicated Twilio's API and map that to their own API. Imagine how many companies needed to rewrite this part at the same time. Offering this as the provider that receives X thousands new customers would have been a superb engineering experience.So maybe we can apply this concept internally as well. When a team needs to introduce breaking changes, a good solution might be for them to provide a shim over the old API so no other teams need to do anything.This is obviously a tad dangerous and might introduce some technical debt. But as everything, it depends.

Equifax Canada says the mortgage delinquency rate in Ontario was up 135 per cent in the fourth quarter compared with a year earlier. Kitchener-based licensed insolvency trustee, Doug Hoyes joins Ontario Today with more.

When you are shopping on a budget that last you want is to become a victim to fraud and identify theft. So what are fraudsters doing nowadays to target shoppers and how can you prevent it. We are joined by Senior Compliance Officer of Consumer Advocacy at Equifax Canada, Julie Kuzmic, as she goes through what we should be watching out for. Connect with Julie on X(Twitter) and LinkedIn.

What your attachment history has to do with your financial well being. Certified financial planner and therapist Ed Coambs explains.  And, a look at some of the most common fraud trends. Julie Kuzmic from Equifax Canada shares her fraud prevention tips. Then, how prospective home buyers can find out if the property has a troublesome past. Clay Jarvis from NerdWallet tells us what to look out for. Plus, We'll speak with Scarlett Li-Goshawk, CEO of Giftstart, about their new cash fund feature for expecting parents. To find out more about the guests check out: Ed Coambs: Instagram | LinkedIn Clay Jarvis: X(Twitter) | Instagram | Facebook Julie Kuzmic: X(Twitter) | LinkedIn Scarlett Li-Goshawk: ca | Instagram | Facebook | LinkedIn Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

It's another enlightening episode of the CanadianSME Small Business Podcast, your go-to source for the latest insights and advice in the world of entrepreneurship. We are honored to feature Jeff Brown, the Head of Commercial Solutions at Equifax Canada, whose expertise has been instrumental in revolutionizing credit intelligence for small businesses across the nation.Key Highlights:Insights into why 64% of small businesses are currently worried about cash flow and its implications on their financial health.Understanding how inflation is affecting small businesses and strategies to cope with rising prices.How small businesses can navigate ongoing supply chain disruptions and Jeff's advice for managing these challenges.Trends and strategies small businesses should consider during the critical holiday season.Overview of the key government support programs for small businesses and how to access these vital resources.Anticipating the effects of rising interest rates on small businesses and the steps they can take to manage their financial obligations.Our conversation with Jeff Brown has shed light on the multifaceted financial challenges that small businesses face, alongside strategies to overcome them. His insights have been nothing short of transformative.We extend our gratitude to Jeff for sharing his expertise and to our dedicated partners, RBC, UPS, and Xero, for their continual support. Their contributions make these valuable conversations possible.For our listeners who are keen on staying ahead, make sure to subscribe at https://canadiansme.ca/subscription/. Embrace the knowledge and insights shared, and let them guide you through the intricacies of small business financial management.

July 1st - Weather The Affordability Crisis Facing Consumers With Rebecca Oakes Of Equifax Canada by VOCM

Canadian wildfires cover US cities in haze, we learn what it like to be n NYC with Duncan Dee (former chief operating officer at Air Canada). This week on Journo Corner: we cover more smokey skies outside and fireworks inside, with John Ivison (political journalist, National Post, author of Trudeau: The Education of a Prime Minister). As interest rates climb, Canadians let non-mortgage debt pile up. Rebecca Oakes (vice president of advanced analytics, Equifax Canada) helps us what this mean for Canadians and what could help. David Johnston's testimony raises more questions about his report on foreign interference, Jenny Kwan (NDP Member of Parliament for Vancouver East) joins us to discuss. Is Is Apple's VR headset the way of the future or another pricey gimmick? Mike Agerbo (host of Get Connected and The App Show)tells us all about the new tech gadget and new board games look to the past to tackle modern global issues. Sherri Sheu (Curatorial Fellow, Science History Institute, Philadelphia) joins us to talk all about it.

Libby Znaimer is joined by George Smitherman,  former Ontario Liberal MPP for Toronto Centre who also served as a health minister and deputy Premier, Janet Ecker, former Ontario PC MPP who was a senior cabinet minister in the governments of Mike Harris and Ernie Eves and Peggy Nash, a former New Democratic Party Member of Parliament for the Parkdale—High Park electoral district in Toronto This morning: David Johnston, special rapporteur on foreign interference, testified in the house of commons where he took questions from MPs about allegations of conflict of interest in his role and his report into election meddling. We then pivot to the controversial news that Paul Bernardo gets a prison transfer to a medium security facility which has sparked plenty of backlash. ----- A PREVIEW TO THE FIGHT BACK-CARP DEBATE THIS WEEK Libby Znaimer is joined by Gil Penalosa, a former mayoral candidate and a popular urbanist and the Founder of 8 80 Cities and Jason Lietaer who is a conservative strategist and President at Enterprise. The Toronto mayoral race ramps up as it enters its final weeks before election day. Olivia Chow is widening her lead--at least according to the latest polls. How do you feel about that? ----- CREDIT CARD DEBT CLIMBING: WHAT YOU NEED TO KNOW Libby Znaimer is joined by Bruce Sellery, CEO of Credit Canada and Barry Choi, Personal Finance Expert. Equifax Canada has put out a report revealing that Credit demand was high in the first quarter of the year as the mortgage market slowed down. The report also shows that consumers are spending on average 21.5 per cent more each month than during pre-pandemic levels. Listen live, weekdays from noon to 1, on Zoomer Radio!

Financial fraud is a serious problem and human trafficking victims are even more susceptible to fraud and sometimes are coerced into debts. Sue Hutchison, president of Equifax Canada, joins us to tell us more about the issue and why Equifax is supporting proposed provincial legislation looking to protect survivors. Find out more about Equifax Canada and connect with Sue on LinkedIn.

March 25th - Equifax Canada Consumer Trends Report by VOCM

In leadership, is vulnerability a sign of weakness? Are leaders expected to have the answers to the test? When they don't, what should they do? How do leaders look inward to grant themselves the perspective of their team? In this episode, Sue Hutchison answers these questions and more. What You'll Learn: 1. How can you form personal connections in a virtual environment? 2. Emphasis on empathy and optimism can be the driving force of transformation in your organization 3. Pessimism isn't all bad, and here's how you manage it as a leader 4. How to take a mindful approach when observing yourself and leaders around you 5. The domino effect of impact 6. Where does stress show up in the workplace and what are some best practices leaders can implement to cope with it 7. Remembering the importance of practicing vulnerability with your support system Who is Sue? In 2020, Sue Hutchison joined Equifax Canada as President and General Manager. With 30 years of experience in the financial services, credit and lending industries, Sue has held several senior leadership roles including those with MasterCard, Payments Canada, HSBC Bank, and Bank of America. She's also an active board member of Home Capital Group, has served as an advisory board member for Women in Payments, a board member for BC Women in Hospital Foundation, and the Nature Conservancy of Canada. She now leads Equifax's transformation from its tremendous legacy into a 100% cloud-based data insights and technology company.  Follow Sue: LinkedIn: https://www.linkedin.com/in/suehutchison/?originalSubdomain=ca More of Do Good to Lead Well: Website: https://craigdowden.com/ LinkedIn: https://www.linkedin.com/in/craigdowden/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/craig-dowden/message

Welcome to The Voice of Retail podcast. My name is Michael LeBlanc, and I am your host, I believe in the power of storytelling to bring the retail industry to life. I'll bring insights, perspectives and experiences from some of the retail industry's most innovative and influential voices each week. This podcast is produced in conjunction with Retail Council of Canada.In a wide-ranging discussion, Sue Hutchison, President and GM for Equifax Canada, talks about cybercrime, the state of Canadians' credit ratings and their forecast for the Canadian economy and consumer spending for 2023About SueExperienced senior leader of change, with over 30 years in the financial services, credit and lending industries. In 2020, I joined Equifax Canada as President and General Manager.Equifax Canada is a data, analytics, and technology company that believes knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. With our passion for supporting our clients with powerful solutions for Canadians, we power the ecosystem with insights and knowledge to move people forward.Prior to Equifax, Hutchison served as Senior Vice President, Product, Digital and New Payments for Mastercard where she led product strategy for their growing portfolio, which included fraud, multi-rail payments, and cyber and intelligence solutions. She has also held senior leadership roles at Payments Canada, D+H Corporate (now Finastra), HSBC and Bank of America. Hutchison received her Bachelor's in Finance and International Business from the University of Guelph and her MBA from the Schulich School of Business at York University.Additionally, Hutchison is a board member of Home Capital Group, sits as an Advisory Board Member for Women in Payments and has served as a board member for the Canadian Payments Association, BC Women's Hospital Foundation and the Nature Conservancy of Canada.About Michael Michael is the Founder & President of M.E. LeBlanc & Company Inc. and a Senior Advisor to Retail Council of Canada and the Bank of Canada as part of his advisory and consulting practice. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, Today's Shopping Choice and Pandora Jewellery.   Michael has been on the front lines of retail industry change for his entire career. He has delivered keynotes, hosted fire-side discussions with C-level executives and participated worldwide in thought leadership panels. ReThink Retail has added Michael to their prestigious Top Global Retail Influencers list for 2023 for the third year in a row. Michael is also the president of Maven Media, producing a network of leading trade podcasts, including Canada's top retail industry podcast, The Voice of Retail. He produces and co-hosts Remarkable Retail with best-selling author Steve Dennis, now ranked one of the top retail podcasts in the world. Based in San Francisco, Global eCommerce Leaders podcast explores global cross-border issues and opportunities for eCommerce brands and retailers. Last but not least, Michael is the producer and host of the "Last Request Barbeque" channel on YouTube, where he cooks meals to die for - and collaborates with top brands as a food and product influencer across North America.

Julie Kuzmic, Senior Compliance Office at Equifax Canada, joins us to talk about their recent survey that shows Canadians are fighting back against fraud and identify theft more than ever before. Julie takes us through the survey and shares some tips to help. Find out more at equifax.ca and connect on Twitter and LinkedIn. Follow Julie on LinkedIn.

Canadians are fighting back against fraud and identity theft more than ever, according to a new survey from Equifax Canada.  Julie Kuzmic takes us through the results.  And, insight into the unique financial challenges young athletes may face. Paul Wylie from BMO provides an insider look.  Then, struggling to choose an executor for your will? Some people opt for a corporate executor. Leanne Kaufman, president and CEO of RBC Royal Trust, tells us why someone would want to choose this option. Plus, what's your money personality? Personal finance expert and author Melissa Leong takes us through different money management styles and what they might mean for you. To find out more about the guests check out: Melissa Leong: com | Instagram | Twitter Equifax Canada: ca | Twitter | LinkedIn Julie Kuzmic: LinkedIn Leanne Kaufman: RBC Royal Trust | Twitter | Facebook | LinkedIn Paul Wylie: Twitter | Facebook Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

The cost of living is rising, and consumers across the globe are feeling the squeeze. How will this impact the lending industry this year? Swarnima Pandey, an Analytics Insights Manager with Equifax Canada shares how lenders can build resiliency into their 2023 plan.This podcast episode was a continuation of the November webinar, Market Pulse: Impact of Global Economic Headwinds on the U.S. Economy.  Access the presentation slides. These insights came from our Global Credit Trends. Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions. Learn more about our Market Pulse podcast, and send us your questions at marketpulsepodcast@equifax.com

How often do you check your credit score? Do you know all the ways credit, good or bad, can affect you? Your credit score is so much more than a simple three-digit number, and it can follow and weigh you down for years if it gets too low. Understanding how to build and keep a healthy credit score is a key pillar of good personal finance.  Join Julie Kuzmic, Senior Compliance Officer, Consumer Advocacy at Equifax Canada, as she gives listeners a crash course on building a strong credit score, debunking credit score myths, and of course understanding how debt can affect credit.   Additional resources:  Equifax Canada Credit Counselling Canada CPA Canada Financial Literacy Resources  Money and the World Virtual Conference 2022 Download Transcipts This episode is part of our podcast focusing on helping listeners manage and better understand debt through strategic planning and purposeful action.    This season is proudly brought to you by BDO Debt Solutions, helping you turn the page on debt.  The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

Rebecca Oakes, Equifax Canada's head of advanced analytics Learn more about your ad choices. Visit megaphone.fm/adchoices

Libby Znaimer is joined by Lisa Raitt, the former Deputy leader of the Conservative Party of Canada, John Milloy, Former Ontario Liberal MPP who served as a cabinet minister under the Dalton McGuinty and Kathleen Wynne governments and Cheri DiNovo, a former Ontario NDP MPP. Today: our panel reacts to a new Mainstreet Research poll that reveals that the province's Bill 23 (also known as "Moe Homes Built Faster Act") is very unpopular including among many PC voters. The government has just started its mandate and has already been raising the eyebrows of many with this bill among others like Bill 7. Are they off to a good start? Meanwhile, executives from Canada's large grocery chains including Loblaw and Sobeys testified at the House of Commons agriculture committee and are arguing that they are not trying to profit off of inflation. ----- PARKS CANADA ARGUES THAT ONTARIO'S GREENBELT PLANS WILL CAUSE IRREVERSIBLE DAMAGE Libby Znaimer is joined by Phil Pothen, Ontario Environment Program Manager at Environmental Defence. Parks Canada is critical about Doug Ford's Greenbelt plans. They are arguing that the government's plan to remove almost 5,000 acres of the greenbelt land on the border of Toronto and Durham will cause irreversible damage to wildlife in the region. Phil explains. ---- CANADIAN CONSUMER DEBT IS UP 7.3 PER CENT FROM LAST YEAR Libby Znaimer is joined by Stacy Yanchuk Oleksy, the Chief Executive Officer of Credit Counselling Canada. According to Equifax Canada, consumer debt in this country reached $2.36 trillion in the third quarter which is a 7.3 per cent increase compared to last year. The debt is fueled by an increase in borrowers. So, just how serious is the situation and what can you do about managing your own debt? Stacy explains. Listen live, weekdays from noon to 1, on Zoomer Radio!

Nov 12th - Equifax Canada Consumer Survey - Credit Card Debt At Record High by VOCM

We talk to Equifax Canada's Senior Compliance Officer for Consumer Advocacy, Julie Kuzmic, about the different ways you can reduce the risk of fraud and what to do if it already has. Connect with Julie on LinkedIn and Twitter.

Grade 11 student Noah Booth tells us about his book, A Rich Future: Essential Financial Concepts for Youth.  Jillian Kennedy from Mercer Canada takes us through the latest Mercer Retirement Readiness Barometer, and how investment management fees may be pushing back your retirement date. And, protecting yourself from fraud and identity theft. Julie Kuzmic from Equifax Canada shares her tips for keeping your information and finances safe. Then, protecting your bank deposits. Leah Anderson from the Canadian Deposit Insurance Corporation says she's got you covered. Plus, I'll speak with Anthony Delauney about how the fitness philosophy “Owning the Dash” can be applied to your finances. To find out more about the guests check out: Noah Booth: com Jillian Kennedy: ca | LinkedIn Julie Kuzmic: LinkedIn |Twitter Leah Anderson: ca | Twitter | Facebook | LinkedIn Anthony Delauney: GoodReads | Facebook | LinkedIn | Twitter | Instagram | YouTube ruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Nov 20th - Equifax Canada Credit Ratings - What They Are & How Credit Ratings Are Calulated by VOCM

The third episode of Digital Tells: A BioCatch Podcast tackles the global epidemic of identity theft, and the resulting fraudulent accounts that ruin personal credit ratings, perpetuate mule activity and money laundering, and drain institutions of $Billions annually. Tom O'Malley joins us again to discuss why most account opening fraud occurs online. Raj Dasgupta from BioCatch, discusses the peculiar online behaviors exhibited by cybercriminals, versus those of genuine account applicants; The Digital Tells that help Behavioral Biometrics distinguish between criminal and genuine activity. Ayelet Biger-Levin discusses BioCatch's newly-announced Age Analysis Capability. And Howard Edelstein shares a story of account opening fraud detection that has become BioCatch lore. Tom O'Malley, a retired U.S. Department of Justice financial crimes prosecutor, founded a website, FrozenPII.org, which helps consumers protect their identity. Check it out!TranscriptHave you ever been the victim of identity theft? Ever applied for a loan or a credit card, only to find out someone else has masqueraded as you and negatively effected your credit standing? Identity theft and new account fraud is a global problem. If you live in the United States, chances are you've been a victim – and if not ~ it's likely someone close to you has been.I was chatting with Tom O'Malley, the former federal financial crimes prosecutor you met in Episode 2, and we were discussing identity theft. The U.S. federal trade commission reported recently that $3.3B was lost in 2020 due to identity theft – that's nearly double the $1.8B lost in 2019. And where are those stolen identities put to work? well, online of course – in the form of new accounts – credit card accounts, lines of credit, deposit accounts, you name it. Here's Tom O'MalleyTom O'MalleyMost often they're being opened remotely because it presents a little risk to the person who's opening an account. I mean, if you show a physically token something besides whatever documents you present, which are going to be fake driver's license, et cetera, you put yourself as a criminal at risk because there surveillance cameras. Nowadays, there's the ability to match surveillance footage with driver's license, facial recognition, driver's license. So typically criminals are not going to do this physically in a branch bank. They're going to do it remotely and they can do it remotely from anywhere in the world and depending on a bank's processes and fraud methods to detect fraud, it can be done from anywhere in the world, even though they're supposed to be a customer in the United States, opening up a bank account.This is interesting, unlike the scams and account take over stories that we discussed in earlier episodes – crimes that disproportionately target older folks – Identity Fraud victims are more likely to be young… like under 40. In fact, in 2019 of the 1.6 million identity fraud reports in the U.S. – 44% were from people between the ages of 20 and 29. According to Equifax Canada, nearly half of all suspected fraud applications are for those between 18 and 24. Ok – so – somebody gets ahold your personal information, enough to open a credit card account in your name. Maybe they obtained your personal info on the dark web – maybe it was originally stolen in some big corporate data breach. And then that info, your data, is applied to an online form to open an account. Oh, by the way – it might not be a credit account – it could be just a bank account, so instead of obtaining false credit in your name – is used for shuffling money between accounts – for scams – or mule activities – both issues we'll be taking a closer look at in later episodes. For this episode of digital tells, we're taking a close look at the act of opening fraudulent accounts. Which, for those of us who have been victims, happens silently in the background… Before that heart-in-your-throat moment when you realize your credit rating has been ruined… or perhaps even worse, you're contacted by law enforcement about scams or mule activities perpetrated in your name.Also – very important note here – your credit rating – or mine for that matter – isn't the only fall-out of identity theft. Financial institutions, credit issuers, they're the ones usually taking the hard financial losses. A study released earlier this year by Javelin Strategy & Research, reported that combined fraud losses climbed to $56 billion in 2020 globally. Of that, traditional identity fraud losses totaled $13 billion. Well, back to that initial account opening, in episode 2 we got a glimpse into the sophistication and scale of cybercrime syndicates…. Scale meaning LOTS of accounts and lots of victims. It's sendom just one account, rather it's usually hundreds or even thousands of accounts opened in each campaign. And therein lays an opportunity for institutions to differentiate between legitimate and fraudulent applications. The Digital Tells of fraudulent applications – if you will.Act 2My colleague Raj Dasgupta and I were recently talking about what typically happens during the act of applying for fraudulent accounts. Raj is the Director of Fraud strategy at BioCatch, and has two decades of experience in the trenches – dealing with identity fraud issues at organizations like TransUnion, HSBC, and Symantec, among others. OK, so before I go to Raj – for just a moment – think about what you do when you open an online account… maybe your taking advantage of a great credit card deal with lots of hotel rewards points. Then put yourself in the seat of one of these highly specialized cybercriminals we discussed in episode 2 – how would you go about your job of applying for multiple fraudulent accounts – hour after hour – all day long?OK – here's Raj - Raj DasguptaYeah, sure, I think copy pasting in online interaction can be on two different scenarios. One is account opening where you are copy pasting stolen information or made up information onto a form which is used for a new account opening. And it can be copy pasting the name, address or certain parts of the PII, quite likely from an application like an Excel sheet where you have all the stolen data. And within that copy pasting behavior. One is it's unusual for somebody applying for a new account to be copy pasting their own data. And the other is there can be copy paste and then erasing the pasted data, putting it in another form. As I was saying, it could be that the first name, last name are together in the Excel sheet. It's copied over to the first name field and then you cut the last name and place it in the last name for you. Very, very unusual scenarios or online behavior. Peter BeardmoreLet's transition to somebody actually reading this information. Right. So it's like long term memory versus short term memory. Can you can you talk about that a little bit?Raj DasguptaSo again, imagine in the context of account opening, you're typing in your name and address, Social Security number. You've been doing it for many, many years. It comes very fluently. You can type all the nine digits in at a steady cadence without stopping or without having to delete any digit and retype it in because you're essentially pulling it out of your long term memory and typing in the fraudster has stolen that information from somewhere else. That information does not belong to them. And they're either copy pasting the Social Security number or the name or address or typing it in. But because they're not familiar with that data, they'll make mistakes and they'll correct those mistakes. And then there type it again. Peter BeardmoreSo that behavior – cutting and pasting – the pace and pauses exhibited when entering personal information – those are just some of the Digital Tells that are the underlying indicators for behavioral biometrics to distinguish between genuine and fraudulent online account opening.In episode 2 we met Ayelet Biger-Levin, VP of Market Strategy at BioCatch. Later in the conversation we featured in episode 2, she went a little deeper into some of these indicators, and how BioCatch technology can make those distinctions.Ayelet Biger-LevinSome classic examples of the way that with this type of technology, we can distinguish between cyber criminal activity and genuine activity is by looking, by profiling the population and detecting differences between activities that correlate with fraud or correlate with genuine activity. So, for example, one thing that we observe when we track account opening activities is that there is a big difference between a cyber criminal and a legitimate actor and their familiarity with the process. A cyber criminal will be very, very familiar with the account opening process because they open many, many accounts every day. So they'll be very familiar with what are the mandatory fields. When you have a dropdown, they don't stop to select fields. They just go really quickly. They don't read the Ts and Cs, they won't select a credit card design. They'll just go very, very quickly and fill out the form, whereas the legitimate user will read the terms and conditions, will select their favorite credit card design, will think about their annual income, will select their interest rates and make decisions and selections. The process will be much longer. So that's one example. A second example is familiarity with data. A legitimate actor will be very, very familiar with their personal data. And when someone uses the data that they're familiar with, they will display use of their long term memory. So when they type, they will type continuously without pauses and they will, of course, know the data they might have Autofill, which is legitimate, and they'll enter the data fairly quickly. However, cyber criminals, when they need to enter personal data, they'll either copy or paste it from a list. They might type it because they try to memorize it. But we will see that they're using their short term memory and we'll see segmented typing along the way. They often have errors that they need to fix and they really display low familiarity with the data. It's interesting that some fields are actually not known to legitimate actors like think about part of the application process. You need to fill in a hotel rewards card. That's not something that number is not something that you have in hand. You probably have to log into your email, look for that number, whereas a cyber criminal who knows the process and wants to fill out that that number potentially will have that readily available. Hopefully at this point the idea is pretty clear by now – cybercriminals and legitimate applicants behave differently. Form formality. Short term and long term memory access. And obviously cut and paste and autofills can also make great indicators. BioCatch can leverage these Digital Tells to help organizations that rely on online applications for their business - protect themselves from fraud losses. And they also help and protect society – people like you and me – from being victimized by identity thieves and cybercrime syndicates. But wait, there's more. You may recall in episode 1 when I teased the idea that behavioral biometrics can actually guess your age. Not too long ago a BioCatch customer had an idea – if an application indicates the applicant is say 18 or 19 years old – or 75 or 85 years old for that matter – but the data is entered by someone say in their 40's… could we detect that? It turns out, to a degree of certainty – we can! Here's Ayelet again.Ayelet Biger-LevinWhen looking when analyzing the data and trying to find those correlations between ages and the use and the interaction. We found a shocking truth that for every year over 40, your keystrokes become slower. But specifically, there were nuances in things that we can look at, like shift to letter. So when you want to capitalize something, there are a few milliseconds added for every year over 40, and we could see a dramatic difference between someone in their 20s and someone in their 60s or 70s when conducting these activities. Another element is the use of a mobile device and the area in which users interact. So their swipe or the use of two thumbs versus a finger. A lot of indicators of age, very, very subtle things. But again, looking at the combination of those we're able to detect within five years, the age group that the user really belongs to.Act 3Alright, so, with all this technology to help differentiate between real and fraudulent account applications, you've got to figure that occasionally – some really interesting results follow. You're going to want to listen up to this story… it's a good one. If you're like me, you may have worked for a company or two in your career that has its own folk-lore. I've actually worked for 3 or 4 . You know those stories that everyone's heard – inside and outside the organization that make it fun to talk about. I once worked for a company whose founder “allegedly” ran over the car of a pizza delivery driver with his tank while the poor guy was carrying the pizza to the front door. That story still occasionally comes up in conversation – and I still can't confirm or deny it.Fortunately, BioCatch has no such infamous lore – but the story you're about to hear I heard more than a few times. And this one I can not only confirm is TRUE, but it helps to make another really important point about the value of detecting accounting opening fraud using behavioral biometrics.In episode 1 you met Howard Edelstein, BioCatch's chairman . In a second here I'm going to drop you into more of the conversation he and I had. In this part he was talking about winning the business of a major financial services company and the early stages of their work with BioCatch. Here's Howard.Howard EdelsteinAnd the story in point was we identified this is a particular case that came out of an analysis while where they were becoming a client, a particular case where someone was applying for a credit card. We thought it was perfectly legit. They filled out the entire application. And anyone who filled out the application that way had to be OK. Well, the credit card company turned down the application and they turned it down because they told us it was fraudulent. And we said, OK. And we went back. And you were always trying to figure out, you know, if the model works and the AI is humming along and the data science team came back and said, listen, you know this. We looked at the data. This can't be a fraudulent applications the guy really knew what he was entering. And the credit card company said, you know, we don't want to piss you guys off or anything, but just want to tell you it really is fraud. And we went back and forth a few times and we said, well, how do you know that? And they said, it's really simple. The guy's dead. Well, that's one of those New York binary kind of answers, right? Dead not dead, you know? Well, our data science team doesn't exactly take that at face value. They said, I think we better call them and tell them the guy's not dead. And everyone kind of looked at each other and said, you got to be effing kidding. Really? What am I going to do with this gem of a piece of information? Right. Because in the end of the day, it turned out they actually called the guy for the reported the guy. And someone answered the phone purporting to be to the dead guy who was applying for a credit card. And one thing led to another, and it turned out that, believe it or not, the guy was far from dead. And this was determined through the use of behavior. So it's a really simple explanation, quite frankly. But the explanation was that someone, a legitimate person entering a legitimate information for legitimate credit card application mistyped a digit of his Social Security number in the U.S. that social corresponded to a social of someone who was deceased. The byproduct, well, that was actually decreasing false declines and increasing number of credit cards to give out, which also was a real revenue opportunity for them. So it's a win win win situation and behavior had never been used this way before.Peter BeardmoreSo this is a great story – which raises a few important points – none of which pertain to BioCatch resurrecting the dead.But it's important to understand, as we mentioned previously, that behavioral biometrics isn't the only fraud detection technology out there. There are others. But none are infallible. And some may introduce friction (like asking life questions or imposing other obstacles) that prospects potentially just don't want to deal with. And business spend lots (and lots) of money on marketing and customer acquisition… for organizations to lose a potential customer at the very point of filing out an account application / only because the anti-fraud tech is too cumbersome – or they accidently mistyped something – well – that's just heartbreaking for marketers like me.In episode 6 we'll talk about the return on investment (or ROI) of behavioral biometrics. But suffice, it's not just about stopping fraud. It's at least equally about winning and retaining good customers. By reducing friction – and making for a great customer experience. Digital Tells is written and narrated by me Peter Beardmore, in partnership with my producer Doug Stevens of Creative Audio and Music, and with the unwavering support and sponsorship of my employer, BioCatch.Special thanks to Ray Dasjupta, Ayelet Biger-Levin, and Howard Edelstein. We once again opened our episode with Tom O'Malley. Since Tom retired from the US Department of Justice, he's started a website called FrozenPII.org. Pie is spelled PII (as in Personally Identifiable Information). The site helps consumers protect their identity. You can find a link in our show notes, check it out!For more information about this episode, behavioral biometrics, or to share a comment or idea, visit biocatch.com/podcast.Join us for episode 4, in which we'll explore Scams. Did you know your car warrantee is about to expire? More importantly, what can be done to help detect when someone is about to be victimized by a scammer?Until then, take care.

We talk to Rebecca Oakes, AVP of Advanced Analytics at Equifax Canada, about their latest report on the shift over the last 18 months of the debt that Canadian consumers have. Find out more at consumer.equifax.ca and connect on LinkedIn.

Teaching your kids about financial literacy with the Treasure app. Its CEO, Matt O'Leary, tells us how it works and its option of a prepaid Mastercard for kids. And, a new company that helps you make money off of your own personal data. Don Vaughn tells us about Invisibly. Then, protecting seniors from financial abuse. Christine Van Cauwenberghe from IG Wealth Management  shares some of her tips. Plus, a new feature from Questrade that allows customers to deposit funds straight into their account in real time. CMO Rob Shields tells us all about it. And, we'll talk to Rebecca Oakes from Equifax Canada about their latest consumer debt report. To find out more about the guests check out: Rebecca Oakes: equifax.ca | LinkedIn Don Vaughn: com | Facebook | Twitter | LinkedIn | Instagram Matt O'Leary: com | Twitter | Facebook | Instagram Rob Sheilds: com | Twitter | Facebook | LinkedIn Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Welcome to the The Voice of Retail , I'm your host Michael LeBlanc, and this podcast is brought to you in conjunction with Retail Council of Canada.The emergence of COVID-19 has had far-reaching and wide-ranging impacts on the Canadian economy.Seventeen months into the pandemic, Equifax has a depth of data on the unique ways that Canadians, from individual households to entire industries, have been affected by and are responding to these uncertain circumstances.I talk with Becky Oakes, Assistant VP of Advanced Analytics at Equifax Canada, to unpack the latest research on the matter. We talk about Canadian K-Shaped Recovery, stimulus strategies, and economic forecasting in unprecedented times.Visit equifax.ca to read their recent reports.Thanks for tuning into today's episode of The Voice of Retail.  Be sure to subscribe to the podcast so you don't miss out on the latest episodes, industry news, and insights. If you enjoyed  this episode please consider leaving a rating and review, as it really helps us grow so that we can continue getting amazing guests on the show.I'm your host Michael LeBlanc, President of M.E. LeBlanc & Company, and if you're looking for more content, or want to chat  follow me on LinkedIn, or visit my website meleblanc.co!Until next time, stay safe and have a great week!

We talk to Julie Kuzmic, Director of Consumer Advocacy for Equifax Canada, about what actions that you can take to get rid of your debt and still have a good credit score. Find out more at equifax.ca and connect with Julie on Twitter.

We’ll talk to YouTube star Rishi Vamdatt, the 11-year-old creator of Easy Peasy Finance about his mission to improve financial literacy for kids.  Then we’ll look to stars for insight on how your horoscope can affect your money.  Hanna Horvath from Easy Money by Policygenius reviews the charts.  Then, behavioural scientist Wendy De La Rosa shares her insight on money and your mind.  She’s the co-founder of the Common Cents Lab at Duke University.   Plus, practices that are good for debt management but not necessarily good for your credit score.  Julie Kuzmic from Equifax Canada will be here. And, a conversation with the Chair of the The Institute for Sustainable Finance at the Smith School of Business. To find out more about the guests check out: Rishi Vamdatt : Easy Peasy Money on YouTube | Twitter | Facebook | com Wendy De La Rosa: Twitter Common Cents Lab: Twitter Equifax Canada: ca Julie Kuzmic: Twitter PolicyGenius: Policygenius.com | Instagram | Facebook Hanna Horvath: Twitter Smith School of Business Queen’s University: Smith School of Business | LinkedIn | Facebook Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

We talk to Carl Davies, Head of Fraud & Identity at Equifax Canada, about how you can fight fraud within the mortgage industry with their new tool called ClearPro. Check out the Equifax website and find them on Linkedin.

March 28th - Mortgage Fraud- Julie Kuzmic Equifax Canada & Gord Healey The Mortgage Group St. John's by VOCM

Julie Kuzmic BSc | Director of Consumer Advocacy at Equifax Canada Bio: Julie Kuzmic is Director of Consumer Advocacy at Equifax Canada and a recognized authority on consumer credit. She often speaks to industry groups, government, clients and consumers to shed light on the credit lifecycle. In her role leading consumer advocacy within the organization, Julie helps Canadians build credit confidence. She is often recognized for her ability to convey the complexities of credit scores while engaging her audience. Julie has been featured on many news media outlets. Highlights: Julie explains the value behind the credit systemJulie lays out what the secret sauce is in determining your credit scoreFind out why you may see different credit scores for the same personLearn how you can monitor your credit score for freeJulie explains what impacts your credit score and what does itIn the end, hear what Julie would write in a letter to your grandkids about finding your relationship with money Links: Access Credit File and Credit Score for Free:CLICK HERE Equifax CanadaCLICK HERE Julie's LinkedIn ProfileCLICK HERE

Listen to the latest episode of Equifax's new podcast: CreditTalks. Hosted by Ilyce Glink, CreditTalks helps you better understand our evolving financial world. Topics discussed in this episode: 00:00 Introduction to podcast guests and topics for discussion01:42 Ilyce and Julie discuss trends from an Equifax Canada identity protection survey 05:50 More people are checking their credit reports07:20 Why aren't people taking more precautions against identity theft?08:20 The modernization of identity theft vs classic methods of theft and fraud10:53 Importance of credit monitoring as risk increases with digitization of identification12:25 Ilyce introduces Chris Butler12:48 Consumers are really concerned about identity theft13:30 Ilyce and Chris discuss 2 new Equifax products for consumers worried about identity theft and spending

Credit scores put the personal in personal finance. They’re your entire life as a borrower compressed into one number. But what qualifies as a “good” score, and why do these numbers bounce around all the time? What can be done to improve a bad score? Rob and Roma are back together (but apart) in their makeshift podcast studios (because, well, pandemic) for another season of your favourite personal finance podcast. In this episode they get answers to your credit score questions from Julie Kuzmic of Equifax Canada. Plus, we hear from Keith Emery, the co-CEO of Credit Canada Debt Solutions, about how people wind up with a bad credit score in the first place.

Julie Kuzmic is the Director of Consumer Advocacy at Equifax Canada. She is passionate about financial literacy and is a recognized authority on consumer credit. She often speaks on the credit lifecycle to consumers, clients, government, and industry groups and she is always testing out new metaphors to describe the nuances of credit scores. Julie joins me today to share how to protect yourself from fraud and how fraudsters can obtain your personal details and use it to apply for credit in your name. She reveals how many times you can check your credit report each year as a proactive fraud prevention step, why it’s vital to inform credit agencies if you fall victim to identity theft and the protective measures and alerts you can activate to authenticate credit requests in your name. Julie also discusses the pros and cons of using your passwords online over open Wi-Fi networks and with third parties.  “It is important to let both credit bureaus know if you are a victim of fraud.” - Julie Kuzmic   This Week on Young Money:   How fraudsters can use your identity and data to apply for credit in your name Checking your credit file for free to proactively check for fraud and identity theft How to put a warning and alert on your credit file if you have been a victim of a data breach Preventing fraud with a free “Identity Warning” from Equifax Fraud prevention tips and measures The vulnerabilities of open Wi-Fi networks The pros and cons of open banking services Liability negating clauses introduced by banks when you share your username and password with third-parties Key takeaways:   Protect yourself by keeping an eye on your credit report Set an alert if you fall victim to identity fraud Be wary of sharing your passwords Resources Mentioned:   EP129 Adulting 101: Equifax's Julie Kuzmic on What's a Credit Report & Should I Care? Connect with Julie Kuzmic:   Julie Kuzmic on LinkedIn Equifax Canada on LinkedIn Equifax Canada Equifax Canada on Twitter Julie Kuzmic on Twitter Rate, Share & Inspire Other Young Millionaires-in-the-Making    Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.   Don’t forget to share your favorite episodes on social media!    Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

Julie Kuzmic is the Director of Consumer Advocacy at Equifax Canada, a credit scoring and reporting organization. Julie is recognized as an authority on consumer credit and is passionate about financial literacy and creating metaphors to explain the nuances of credit scores. She is a speaker on the topic of credit lifecycle, speaking to consumers, clients, and industry groups.   Julie joins me today to share what a credit report is and why you should care about yours. She shares how credit information is collected and used and reveals which credit inquiries affect your score. Julie also shares the most important things you can do to improve your credit score and explains why having no credit history can be a problem when you apply for significant credit, such as a mortgage.  “Nobody is perfect. We all make mistakes - and that includes with our money and financial decisions.” - Julie Kuzmic This Week on Young Money:   How Equifax collects credit information to create your credit report and score How a genuine curiosity, taking a human approach, and tailoring the message has helped Julie find career success How small steps can help you move towards where you want to go The differences between soft inquiries and hard inquiries and how they impact your credit score The monthly information collected by credit bureaus The three-digit range of credit score numbers Why paying your bills on time is the most significant factor in calculating your credit score Why the number of times you apply for credit affects your score How no credit history can negatively impact your credit score How to build up your credit score Key takeaways:   Your sources of credit affect your credit score You can rebuild your credit score You can have modest debt, live within your means, and have a good credit score Do not base your self-worth on your net worth Resources Mentioned:   EP111 Milli Moves: Talk Money To Me with Kelley Keehn EP081 Credit Canada Debt Solutions with Laurie Campbell EP056 Back to Basics – The 5Cs of Credit EP007 How’s Your Financial Reputation aka Your Credit Score? Connect with Julie Kuzmic:   Julie Kuzmic on LinkedIn Equifax on LinkedIn Equifax Canada Equifax on Twitter Julie Kuzmic on Twitter Get Your Young Money Questions ANSWERED!   Want to learn more about your credit score and how you can stay financially fit? Leave a voice message to get all of your Young Money questions answered.    Remember - there is no silly question when it comes to your financial fitness. Rate, Share & Inspire Other Young Millionaires-in-the-Making    Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.   Don’t forget to share your favorite episodes on social media!    Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.  

Julie Kuzmic is Director of Consumer Advocacy at Equifax Canada and a recognized authority on consumer credit. She often speaks to industry groups, government, clients and consumers to shed light on the credit lifecycle. She is passionate about financial literacy and is always testing out new metaphors to describe the nuances of credit scores. In my interview with Julie, we discuss how credit scores are calculated, why there are multiple credit scores and how credit scores are affected by shopping around for a mortgage.

We talk to the Director of Consumer Advocacy for Equifax Canada, Julie Kuzmic, on how to improve your credit score and how long it is going to take.

Are you thinking of financially helping your adult children buy a home? Alan Desnoyers, Senior Vice-President of BMO Private Wealth, is here to tell you how much is too much. Then, how your assumptions about money may be getting in the way of your goals. Sarah Vermunt, career coach and founder of Careergasm, is here to take us through these assumptions and how to get over them. And, Equifax Canada’s Julie Kuzmic will tell you how to improve your credit scores and how long it will take to do it. And, Jacob Jackson from the Lean House Effect, presents his argument for why there’s no point in credit card points. Plus, economist Keisha Blair’s latest book, Holistic Wealth: 32 Life Lessons to Help you Find Purpose, Prosperity and Happiness.

We talk to Equifax Canada's director of consumer advocacy, Julie Kuzmic, about where do you get your credit score from, how is it calculated, how to improve it and what does it all mean.

You know it’s important to have good credit but how exactly can you improve your credit score? Julie Kuzmic, Equifax Canada’s director of consumer advocacy, shares her tips on how to build up good credit. Then, all you need to know about the stock market. Michele Schneider goes over the basics in her latest book Plant Your Money Tree. And,George Papazov, founder and CEO of TRADEPRO Academy, is here to tell us more about this online training platform to help anyone learn the basics of trading. Plus, Phil Buchanan tells us about his new book Giving Done Right: Effective Philanthropy and Making Every Dollar Count.

Julie Kuzmic discusses mortgages and credit ratings.

In the initial episode of Rapid Innovation Podcast, we host Wilton Wong, Vertical Market Lead Auto and Insurance at Equifax Canada Co.  Listen to Wilton talks about his innovation experience. Thank you for Origins Media Haus for supporting the creating of this podcast.Don't forget to join us in person for the September edition of InnovationTO: Innovation in Credit Risk on September 12th, 2019. Register here: https://www.eventbrite.com/e/innovationto-innovation-in-credit-risk-tickets-68808603385       Disclaimer: Rapid Innovation with Wilton Wong, Vertical Market Lead - Auto and Insurance at Equifax Canada Co.  Equifax Canada Co. is a registered Canadian credit reporting agency that provides credit reporting services and data analytic services for businesses including the financial industry. As a registered credit reporting agency, Equifax Canada is subject to and abides by all applicable credit reporting and privacy legislation in its provision of credit reporting and data analytic services. 

John is joined by Tara Zecevic, Vice President of Fraud Prevention and Identity Management at Equifax Canada, to talk about Canadian millennials' lax attitude around financial security. 

We sat down with Equifax Canada's President, Lisa Nelson, to learn how a 100-year-old institution can drive relevant innovation, create an ecosystem of trust, and help people live their financial best. You can learn more about Equifax Canada https://www.equifax.ca/ Connect brings you deep dives into the world and mindset of innovators. If you liked this conversation and don't want to miss on future episodes, catch us on: Apple Podcasts apple.co/2nvMfim Google Podcasts bit.ly/2VrX9lP Spotify spoti.fi/33hZ13a or your favorite podcast app.

On BIV Today... There are troubling signs about consumer debt and delinquency In Canada. Bill Johnston, the vice-president of data and analytics at Equifax Canada, talks about their implications for the economy. He is in conversation with Kirk LaPointe, BIV's editor-in-chief. See more at https://biv.com/.

Bill Johnston, Vice President of Data & Analytics at Equifax Canada talks about some serious financial concerns for seniors and more broadly on economic matters impacting all of us.     

00:00 - Do we love our health care? A report from the Canadian Institute of Health Information has revealed that Manitoba continues to linge rbelow the national average on several fronts for what some consider essential, and some call elective surgeries. 37:53 - "Future-proof: Preparing young Canadians for the future of work" is a report from the Brookfield Institute for Innovation & Entrepeneurship -- our guest is Sarah Doyle, Brookfield's director of policy & research. 54:14 - Millenials are the top target for fraudsters! That's what Equifax says -- our guest is Tara Zecevic, Equifax Canada's vice president of fraud prevention & identity management. 65:14 - Dad's punishment for his son's bad grades was very public and hilarious. 73:05 - Canadian Sport Centre Manitoba is celebrating its 20th birthday this week -- our guest is CSCM general manager Jeff Powell. CSCM was formed in 1997 to be part of the legacy of the 1999 Pan Am Games. 84:03 - Greg has an embarassing & frustrating story about checking his credit card statement. 92:19 - Richard Cloutier & Julie Buckingham tee up THE NEWS, & discuss the finalists for the Video Game Hall of Fame

Credit card expert David Rubsenstein (from CreditShout.com and CreditForums.com) chats with me about the most important things people need to know about credit reports, credit scores and credit cards. If you're looking for an in-depth podcast episode about credit that really gets down to the knitty-gritty, you found it! Long description: This is by far the most in-depth episode about credit cards I've ever done, so I hope that's is exactly what you're looking for! For this episode, I chat with credit card expert David Rubenstein from CreditShout and CreditForums and we get into all the important stuff you should know about credit. Now, we cover a lot of ground in this episode, but I an important thing I wanted to reiterate is the importance of checking your credit report once per year. In Canada, you can get free reports from Equifax Canada and Transunion Canada. In the U.S., you can get free credit reports from Experian, TransUnion and Equifax. Not only is this a way to help prevent against identity theft, it's just a good way to keep on top of your credit. Helpful Posts on CreditShout Top 11 Hidden Credit Card Perks Best Credit Cards for Building Credit Zero Percent APR Credit Cards: What You Need to Know in 2016 Best Credit Card Signup Bonus Offers of 2016 Card Hackers: New Credit Card Churning Rules to Limit Your Signup Rewards How To: Budget With The 50 / 30 / 20 Rules What Kind of Card Does David Use? I was interested to hear that even though David has such a vast knowledge of all the credit card sign-up offers and benefits around, he doesn't play the credit card churning game at all. Instead, he just keeps it simple and uses a 2% cashback credit card. Follow David on Social Follow CreditForums on Facebook Follow CreditForums on Twitter For more podcast episodes, check out the Podcast page. Shownotes: jessicamoorhouse.com/72

Easy tricks to prevent identity theft

Easy tricks to prevent identity theft