Credit Rating & Score
Factors that Affect Your Credit Rating
How do you restructure your finances, and end up with the best credit rating you can? Or, how can you improve your credit rating, if you are having difficulty with your finances now?
How do you restructure your finances, and end up with the best credit rating you can? Or, how can you improve your credit rating, if you are having difficulty with your finances now?
When it comes to building your credit, you want to put your best foot forward. That means giving up your old habits and exchanging them into something that would put more money in your pocket. But, just like everything else, these goals are easier said than done.
Everyone likes to have a sense of security, but if you do not know how to simplify your financial life, then you might find yourself at a standstill. Having debt on top of more debt simply because you didn’t know how to spend your money isn’t an excuse.
Are you really keeping up with your payment agreements? Read these 5 secret signs of a bad credit to know the truth.
As you may already know, the higher the credit score, the better chances you have of getting a loan. Everything above 622 and up to 1200 is considered a good score, so check it once a year and strive to improve it.
Why do lenders check credit history? There are items in your credit report that could spell problem when it comes to getting your loans approved.
Due to the very attractive option of “sign now, pay later,” more and more people are opting for credit cards.
Discover where your credit file is stored, its contents and the reasons why you should request for a credit report
The past is not past when it comes to credit history. Of course, you are not defined by your past but creditors look into it to see if you are credit worthy. So even if you make a resolve to change or you pay off your debt today, that’s not the end of that.
Bad credit can either stall the process of getting a new loan or make it altogether impossible.
How do you protect yourself from identity theft? These tips can help.
We all have debts every now and then – some more than others. But how do you learn how to reduce your debt while still maintaining a decent lifestyle? How do you reduce your debt while still managing to put food on the table? Well, here are a few ways to reduce your debt.
You don’t need to wait for debt collectors to come pounding at your door to realize you need debt relief. In fact, it is sometimes necessary to organize your finances. So how do you know when it’s time to avail of debt relief programs?
The number of Aussies that are completely debt-free is definitely small. Even though it may appear impossible to live a debt-free existence, that is far from being accurate. So, if you want to find out how to decrease your debt, a plan of action and a strong will is all you need.
Analysing your rental property’s performance plays a significant role in establishing your investment goals. As always, knowledge is power, and this also applies when we’re talking about re-evaluating financial properties.
Experiencing difficulties in getting a loan is the best indication that you should focus on a credit repair. If your credit file has a bad history, financial institutions will be reluctant to give you a loan. Even if your business and income are doing great, chances are your loan applications will be rejected in case of a bad credit history.
Is it possible to get a loan when dealing with a bad credit history? How can you repair your credit? We’ve gathered a list of suggestions that will help you overcome this problem and improve your credit file!
Ever wondered why it is important to track your credit rating? Every Australian has a three-digit score, a credit rating that is calculated by credit reporting bodies (CRBs). This reveals data about your financial history gathered from financial institutions and banks from all over the country.
Have you ever wondered how to enhance your credit score? Or why you should do it? Many people think that dealing with such issues is a lost battle that won’t ever end, but in fact, there are changes that could make your life easier.
Bags are packed, car is fuelled, and you’re ready to hit the holidays if full effect. Your only concern is blowing your holiday budget within the first week.
Don’t let the potential cost of a holiday get away dash your dreams of actually going on holiday. Holiday getaways do not have to break the bank, drain your wallet, or tap into your savings and holiday planning shouldn’t stress you or your loved ones out.
If you are feeling overwhelmed with your monthly bills, multiple loans, and you are even ignoring calls from companies you owe money to, it might be time to consider looking at debt relief.
Do you know your own credit rating? Do you know that your credit rating is flexible and changes as your debt accumulates or as your debt reduces? Do you know your credit rating can affect potential loans like home loans, personal loans, or even a loan for that sweet ride you’ve been eyeballing?
Picture this: Just like most Aussies out there, a Sydneysider was looking forward to the idea of getting married, and purchasing her dream home with her fiancé.
The smartest place to move when you have bad credit is forward. So what is the modern day definition of ‘bad credit’?
Australia’s rising student loan debt once again making life difficult for our young professionals. Graduating the school of hard knocks comes at a cost, the trick is to roll with the punches to get out from under the weight of accumulated University debt sooner rather than later.
Do you consider claiming your phone and Internet bills? If yes, then you better make a deductions list and then check it carefully, because someone will be watching you.
Living in today’s economy isn’t all rainbows and sunshine. Housing prices are typically on the rise, while grocery shopping seems to leave you with a deep hole in your pocket
Saving for anything is always something you should plan ahead for, especially if you are saving for a home loan deposit.
Even though it may seem odd at first glance, your credit card speaks a lot about your personality. How is this possible?
Surprisingly not a lot of Australians know how to manage their credit card debt and mortgages.
As you are trying to reduce the costs and maintain a balance between your income and how much you spend, you may find refund policies extremely useful. Why?
Debts can be stressful. No one wants to be stuck in a position where repayments become a problem.
Nowadays, more and more Australians prefer automated payments, so that direct debit is becoming very popular. Even though they are not new, the risks of this type of debit have increased during recent years.
The growth of consumer credit is rapidly increasing in Australia. Credit card loans and personal loan applications are highly patronized these days.
Every business, no matter its size or field of interest, is based on relationships. Of course, no one denies that quality products and services are an essential factor for a successful company. But, in reality, aren’t these aspects contributing to strong business relationships?
Where is the best place to retire? In Australia, the cost of living becomes more and more expensive as years go by. Studies show that in 3 decades, the number of retirees is expected to grow three times.
When you’re riddled with debt, it can seem like you are never going to get out of this position. It’s a vicious circle, and no matter what you do to escape it, something is keeping you down.
Regardless of your financial situation, there are several little things that every person can do to enhance their status. While you may associate this purpose with life-changing decisions, and living on nothing but potatoes daily, that’s not necessarily the case.
In case your crediting rating is not in the best shape, there are certain methods that you can do to be able to fix it. Why is there a need to amend your credit rating? When you are young, you spend without giving it a second thought.
Credit cards provide convenience particularly if you have an important purchase that you need to make right away and cash on hand is not available.
Debt consolidation loans are ideal for individuals, who have several unsecured loans. Why is there a need to consolidate your loans?
Having a bad credit history can affect your future loan applications. If you have any intentions or plans to get a loan in the future, you might have a hard time convincing banks or any other private lenders to approve your loan.
A wide range of property investors fails to comprehend the large amounts of money they are entitled to claim back from the taxman, by considering depreciation of household goods, as well as building prices.
There are a number of ways to save money designed just for retirees. As you go online, you will find surefire ways to save money,
Bad credit imminently leads to inconvenient interest rates on mortgages, car loans or student loans.
What type of investment suits you best? Are you in search of an investment that you can easily access with your fingertips?
Christmas gift ideas are hard when you’re trying to stick to a budget.
Renters insurance is one of the most important types of cover you should have if you’re living in a rented property.
While it’s never pleasant to be called by any creditor regarding debt, it’s especially nasty to receive calls from companies or individuals claiming to be debt collectors.
What you have in your wallet can likely tell you a lot about how healthy your financial situation is. Credit cards and cash are not likely the only things in your wallet. If you open up your wallet right now and take everything out and divide it into sections then you will probably start to see a pattern.
I recently read an article about how the Australian Retail Credit Association (ARCA) had launched a fact sheet on how people could repair their own credit files if they felt an incorrect or contestable listing has been made against them. As the director of a credit repair company, the only thought I had while reading this information was “if only it was that simple”.
Not everyone is familiar with a credit history check; not knowing that lenders pay close attention to it.
The importance of having a good credit score cannot be exaggerated. Life is easier when you have a good credit score for many reasons.
The internet is such an important part of everyday life nowadays. People spend countless hours a day on the web and that might not even include the time they are on a computer at work.
Personal loans are designed to provide financing services to those who need immediate cash. People have different needs; purchasing a second car for some may be a form of luxury but for others it is a necessity.
Credit cards often charge an annual fee which can range from $15 to $500 depending on what type of card you are using. Credit card holders are encouraged to compare credit cards before they apply for any new cards.
Most people probably believe that financial advisers use the latest in cutting edge technology to show the most up-to-date information that they have at hand. In fact, technological devices such as tablets are only now becoming common place in a financial adviser’s office.
There are many ways to check your credit score. Most people only ever get around to having a credit check whenever they are considering taking out a mortgage to buy a home or to get a loan on a new car.
A recent study has shown that residents living in inner Sydney and inner Melbourne have some of the worst credit ratings in Australia.
