2 min
Corrections log
Quick summary
This is the list of mistakes we found and fixed, with what each page says now. To report one, email hello@whatiscredit.ca. Seehow we check our numbers.
Fixes
Each entry lists the page, what was wrong and what it says now. We only list a fix once it is live.
| Date fixed | Page | What was wrong | What it says now |
|---|---|---|---|
| Nov 2026 | Bank fees in Canada | The title called the $10 limit an overdraft cap. The cap is on NSF fees. Overdraft protection is a separate product with its own fees. | Says NSF fee cap, and explains overdraft protection separately. |
| Nov 2026 | Chequing accounts | Said the $10 NSF cap covers banks and credit unions, and that NSF fees could reach $50. | Says federally regulated banks and personal deposit accounts, and that fees were typically $45 to $48. We could not confirm credit unions, so it says to ask yours. |
| Nov 2026 | First Home Savings Account guide | Said the longest time you can take part is 15 years. It also did not say that contributions in the first 60 days of a year cannot be deducted for the year before. | Says the period ends December 31 of the earliest of the 15th anniversary of opening, the year you turn 71, or the year after your first qualifying withdrawal. Adds the 60 day rule. |
| Nov 2026 | Understanding your R-rating | Gave day ranges that did not match TransUnion's published table, such as 31 to 60 days for a rating of 2. | Uses TransUnion's table (2 is 30 to 59 days, 3 is 60 to 89, 4 is 90 to 119, 5 is 120 or more). Says Equifax's day ranges may differ slightly. |
| Nov 2026 | Mortgage pre-approval rejection | Said the stress test applies to insured and uninsured mortgages at banks. | Says OSFI sets the minimum qualifying rate for uninsured mortgages at federally regulated lenders, and to ask your lender about insured mortgages. |
| Nov 2026 | Rejected for an apartment after a credit check | Said landlords must get written consent under PIPEDA. | Says what the FCAC says: in most provinces consent is needed, but in Nova Scotia, Prince Edward Island and Saskatchewan the business only needs to tell you. |
| Nov 2026 | Mortgage pre-approval rejection | Said rate shopping inside 14 to 45 days counts as one inquiry. | Says what the FCAC says: mortgage quotes from different lenders within a 2 week period count as one inquiry. |
| Nov 2026 | Personal loan denial reasons | Called debt compared with income the single most common reason for a denial. We found no official count. | Calls it one of the main factors and says we found no official count. |
| Nov 2026 | How secured cards build credit | Cited a 2003 government publication. | Cites the current FCAC page on secured cards, modified October 15, 2025. |
| Nov 2026 | Notes for AI assistants (llms.txt) | Said the site is not paid to recommend any product. The site uses affiliate links. | Links to our page on how the site makes money. |
| Oct 2026 | First-time home buyer hub | Listed the First-Time Home Buyer Incentive as available. It ended in March 2024. | Says it ended; points to the FHSA and the Home Buyers' Plan. |
| Oct 2026 | First-time home buyer hub | Used the old 5% minimum down payment rule. | 5% of the first $500,000 plus 10% of the part above, and 20% at $1.5 million or more. |
| Oct 2026 | Climate Action Incentive page | Described the payment as ongoing. | Explains the final payment was in April 2025. |
Questions people ask
How do I report a mistake?
Email hello@whatiscredit.ca with the page and what looks wrong. If it is a mistake, we fix it and add it here.