22/11/2025
🔥 Why Verifiable Consumer Reports—Also Known as Credit Reports—Matter
A clear, simple breakdown for every consumer.
A consumer report is not just a report — it’s made of mandatory notices.
These notices must be sent before anyone can access your report.
No notice means no access.
How notices can be sent:
• Regular mail
• Registered mail
• Personal delivery
• Any method that provides proof of receipt
If there is no proof, there is no valid access.
The problem with most electronic systems:
• They do not collect an electronic destination to send notices
• They fail to actually deliver the notice
• They cannot capture proof of receipt
If a system can’t prove the notice was received, the system is prohibited and only real mail counts.
The issue even with mailed notices:
Most online applications collect your information and access your report on the same day.
But, a mailed notice is considered received three days after it is sent.
This means a report can be accessed before the notice is considered received.
That is unauthorized access.
Our Impact
For example, did you know that the notice for a credit check must be clear, in bold or underlined, and in a font size not less than 10 points? This notice must be provided at the time of the application.
‘ You have correctly pointed out that Section 10(6) of the Ontario Consumer Reporting Act requires
the notice to be “clearly set forth in bold type or underlined.’
Mogo Finance Technology Inc./Mogo Financial Inc.
Erin Feller, Privacy Officer
‘ I
acknowledge that Home Trust only partially met this requirement in that the notice required by S. 10(2) was
presented in at least 10-point font; however, it was not bolded or underlined. I have taken note of this error and
have presented it to the business unit for immediate resolution.’
Home Trust
John Liut, Privacy Officer
Why this matters:
• Without notice, you cannot verify permissible purpose
• You cannot confirm whether access was authorized
• It doesn’t matter what’s in your report
• What matters is whether you were notified and given the chance to contest access
Requesting the actual report used helps verify:
• the exact date and time it was accessed
• whether notice and timing rules were followed
Why consumers need this:
Whether you’re applying for:
• 1st home
• a credit card
• a business loan
• a company car
• or simply peace of mind
You deserve a system that verifies notices, consent, timing, and every access to your information.
🔥 That’s why I built a funnel for verifiable consumer reports.
It allows consumers to:
• verify their notices
• verify their consent
• verify the timing
• verify the report itself
Every step gives consumers verifiable proof — finally.
Data Accuracy Assurance Ensures your consumer information is accurate and verified, empowering you to take control of your financial records confidently. Valid Compliance Verification Confirms that all data access respects your consent and complies with relevant regulations to protect your privacy r...
