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MASTERCARD BEGINS SECOND CREDIT REPORT INITIATIVE

Toronto-based MasterCard Canada, in association with TransUnion Canada, began a second MasterCard Canada Credit Report Week effort yesterday. This consumer education program encourages Canadians to check their personal credit reports at least once a year. MasterCard will provide free TransUnion Canada online credit reports to the first 10,000 people who request one through a Web site at <http://www.mastercard.ca/creditwise>. MasterCard has also produced a guide called Credit Cards Today which explains how credit cards work. This guide is also being distributed through the Web site. The initiative is being promoted with public and media relations from Environics Communications of Toronto. MasterCard conducted a similar program last year with Equifax Canada.

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