What is a credit inquiry?

Credit inquiries are usually made by organizations like your bank, creditors, landlords, insurance providers, and cellphone companies to decide how creditworthy you are when you apply for a new account. When you submit a new application for a bank account, loan, rental or mortgage etc. in Canada, you have to consent to a credit check before it is actually done, so unexpected inquiries into your credit bureau can be one of the earliest signs that your data’s been compromised.

What is identity theft?

Identity theft is when someone takes another person’s information to conduct criminal activities.

What is identity fraud?

Identity fraud is when someone actually uses another person's information to impersonate them, whether dead or alive, to commit illegal activities like opening a bank account, take out a mortgage and more.

How it works

We monitor your credit bureau

We look out for inquiries into your Equifax credit bureau daily, so you can have peace of mind.

Get alerted

We’ll notify you whenever a company makes an inquiry into your Equifax credit bureau, which happens when your name is submitted to open a new account or complete an application for credit.

Take action

If you notice a suspicious inquiry, we'll guide you through the next steps to help stop fraudsters in their tracks.

Help protect yourself from identity fraud

It's more important than ever to watch for signs of suspicious activity and unexpected inquiries into your credit file. MogoProtect helps you identify potential fraud so you can stop it before it becomes a real issue.

Identity Theft Horror Story

ID theft can have huge repercussions on your life, especially if it goes unnoticed. Take this story, of a woman whose identity was stolen, allowing thieves to get two mortgages in her name that totalled to $500,000. After she investigated her own case, she found out that the thieves had tried to borrow money at 12 or more financial companies. If she had MogoProtect, she would have been alerted when any of those institutions did an inquiry into her Equifax credit bureau.


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Free credit score monitoring included

When you sign up for a MogoAccount, you'll also get free monthly credit score monitoring. Get on top of your financial life and join over MogoMembers.

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