The end of the financial year in Australia is almost upon us. As another year winds down and comes to a close, it’s a good time to reflect on the past 12 months of your finances. Did you improve your creditworthiness over the last year? Or did things turn out less well than you expected? The end of financial year isn’t just an opportunity to look back and reflect, it’s also an ideal occasion to take action, so that you can get back on track for the next year. And this is particularly true for your credit rating.
Your credit rating is a significant metric because this score helps to open doors to you if it is in good shape. Many lending companies will take a good look at your score when they are trying to decide if you are a suitable candidate for a loan. Other companies, creditors and businesses may also study your score before they decide to offer you some service or benefit. So it is vital for you to stay on top of this particular rating and find ways to improve it if you can.
End of the Financial Year and Your Credit Rating
This is where Clean Credit can help. The truth of the matter is that it can be bewildering at first to try to figure out how to improve your credit rating. There’s a lot of information available out there and it can be difficult to separate the wheat from the chaff. As a trusted and credible credit repair company, Clean Credit knows the laws that surround credit reporting in Australia and know how your credit score can be improved. After a quick phone conversation, we can tell you how your credit rating may be improved and what the best plan of action is.
The end of financial year could be an ideal time to get a copy of your credit report. You can go through this statement with Clean Credit to check if there are matters which should be disputed. Look for inaccurate information. Is there data there that should be corrected, perhaps because it was included by mistake or added to your file in an incorrect manner? Also, check for information regarding past debts or other items relating directly to past creditworthiness which may have been made in error. Clean Credit knows what items of your report can be disputed and also the best negotiating techniques to have your rating improved.
The end of financial year offers a great time for a fresh start. Don’t put this off. It can be dangerous to think that repairing your credit rating can be delayed because it does not seem urgent. You never know when you will find yourself in a situation where you need a good credit score for loan. We recommend putting yourself in the best possible position as soon as possible.
Find out more about our effective credit repair service.