Consumer Reporting Agency Permit
Apply for a Consumer Reporting Agency Permit. You need the permit if your business operates in Nova Scotia and provides consumer reports for gain or profit. Consumer reports include information on a consumer’s identity, personal data, credit history, income, assets, health and mode of living.
By law, you must have a Consumer Reporting Agency Permit if your business operates in Nova Scotia and provides consumer reports for gain or profit. This type of business is often called a credit bureau. This permit does not apply to commercial credit reporting.
Consumer reports include information on a consumer’s identity, personal data, credit history, income, assets, health and mode of living.
If applying as an individual, you need to be a Canadian citizen or permanent resident. You also need to be 19 or older.
If applying as a corporation, your company needs to be incorporated in Canada and registered with the Registry of Joint Stock Companies.
How to apply
- Complete the application form.
- Check the application for details on all required supporting documents.
- Include payment with your application.
- Send your completed application, supporting documents and payment by mail or fax.
How long it takes
It should take 2 weeks to get the permit. It can take longer if more information is needed or if your application hasn’t been filled in correctly.
Visa, MasterCard, American Express, cheque, money order. A cheque or money order should be made payable to the Minister of Finance. Payment options may vary depending on how you apply.
Before you start
Make sure you have:
- business operating name and address in Nova Scotia, where files are accessible for inspection
- Registry of Joint Stock Companies number
- 3-year employment history for you and any partners and officers
- address and manager’s name for all branches
You also need to provide details if you or any partner, officer or director has:
- been licensed under any federal or provincial statute
- had a licence refused, suspended or revoked
- been involved in a personal or corporate bankruptcy
- unpaid judgments outstanding
- been convicted of an offence and not been pardoned
You need to provide additional supporting documents including:
- resume for the manager showing 2 years of experience in all phases of consumer reporting
- samples of all forms used by the agency in dealing with consumers
You need to renew your Consumer Reporting Agency Permit by March 31 each year. You should get a renewal package (including instructions) in the mail before the renewal date. It’s your responsibility to renew on time.