21:MAKE SURE YOU KNOW WHO IS LOOKING AT YOUR CREDIT REPORT AND WHY
Many inquiries look bad on your credit report, but more
than that you likely want to know who can see your personal financial
information, now that you know that your personal information is stored in a
credit report. If you sign a document with a lender or apply for credit online,
you can be sure that someone is looking at your credit report.
However, you may want to look over other documents in
order to see who is taking a peek. Insurance agents will often look at your
credit report, for example. Some landlords and potential employers will, too.
You need to be careful about online sources, too. In general, when you provide
someone with your social insurance number, you may be giving permission to look
at your credit report. You shouldn’t bar people from looking, but knowing who
is looking is good financial practice.
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