Agencies such as Equifax Canada Inc. assemble information about how you pay your bills and then enter this information into your credit file. An individual who is always late in paying their bills is given a rating of:

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An individual who is always late in paying their bills is given a rating of R4. The R ratings are a part of a system used by credit bureaus to describe your payment history, with R1 indicating payments are made on time and R9 indicating that the account is in collections or bankruptcy. R4 signifies payments are generally made 90-120 days late.

Agencies Such as Equifax Canada Inc