Credit File & Report
How to Take Advantage of Comprehensive Credit Reporting
Looking to build up your credit rating? Positive actions are now taken into account! Learn how to take advantage of comprehensive credit reporting here.
Looking to build up your credit rating? Positive actions are now taken into account! Learn how to take advantage of comprehensive credit reporting here.
Even if you’re a perfect borrower who always makes loan repayments on time, hard credit enquiries will still drag your credit score down. Find out how and why.
Failing to pay off unpaid bills can land you in a sticky situation. Fortunately, there are solutions. Read on to learn how to get rid of a court judgment.
A Credit rating has such a huge impact on our lives, but so little is known about it. Learn what is a credit file, what info is stored and how it affects you.
Did you know you can check your report for free anytime? Your credit score changes all the time. So find out how often you should check your credit report.
Got bad credit but need a loan? There’s a solution in the form of no credit check loans. Keep your credit hidden. How do no credit check loans work? Learn here!
If you’ve taken out a mobile phone contract or applied for finance before then it’s likely that you’re familiar with this term. But what is a credit check?
Getting a black mark on your credit report can make it virtually impossible to get loan approval, but how long does a black mark stay on credit report?
Do credit inquiries affect your credit score? YES! Read on to find out why, the consequences and what you can do if it’s too late…
Find out how to check your credit score here. It’s fast & easy and being aware of it puts you in the drivers seat when applying for finance!
Introduced in 2018, positive credit reporting gives lenders more information about your credit history. We explain what comprehensive credit reporting is and how it affects you here,
Follow the journey of a client who needed a loan, but had a bad credit rating. The steps towards credit repair are easier than you might think. Here, we tell the story of what steps to take if you find yourself with a bad credit history.
If you’re wondering whether or not credit inquiries can lower your credit score, the answer is ‘it depends’. While a soft inquiry will not affect your credit rating, hard inquiries can. Here’s why.
Having a low credit score may be affecting your ability to get loans or credit you apply for. If you’re worried about how expensive it
Having a payment default on your credit report can greatly affect your next loan application. Every credit card holder should be aware of the negative effects of having credit default.
It’s easy to lose control of your finances, but don’t let it affect your credit score. Late/missing repayments can leave you in a sticky situation when it comes to borrowing money. Find out how to avoid getting a default on your credit file.
Are you wondering why you may have a bad credit rating even after keeping your credit card balances low or staying below your credit cards spending limits?
With Christmas on the horizon, there is much “talk” of the tendency of many people to go into debt for the holiday. Obviously, overspending is a serious concern, especially as it can lead to bad credit. But what if you already have bad credit? How do you rebuild a bad credit score? Is there such a thing?
Can you differentiate the difference between your credit report and a credit score? In early 1980, knowing the difference had no real effect. In today’s society, this is not the case.
What is a default and can it improve my credit score? How do you get a default? Will I be able to apply for a loan? A default can drag your credit score down and drag your hopes of securing credit. We’ll break it all down so that you do not have to fear your credit file.
Understanding what factors affect your credit score may seem like a mind-boggling task. The truth is that it is actually super easy.
With house prices lower than they’ve been in almost a decade, many Aussies are hoping to finally enter the property market. Yet prospective buyers often underestimate the impact of their credit score on their ability to buy a home.
One of the most common questions we are asked is “Can Clean Credit remove my court judgement from my credit file?” The answer to this question can undoubtedly make all the difference to your business
Comprehensive Credit Reporting (CCR) is restructuring how customer credit information is reported to credit reporting bodies such as Equifax.
Are Short Term, No Credit Check Loans A Great Way Of Improving Your Credit Score. How Effective Is Credit Repair In Improving Your Credit Score?
If you’ve got a bit of a guilty conscience when it comes to your credit history, you’re not alone. Around 2.7 million Australians avoid checking their credit report for fear of having a bad credit score.
If you want to avoid a bad credit listing, make sure that you are paying your utility bills, credit card balance, mortgage, personal loans and other types of debts on time. It is a bit challenging to do so-especially if you have limited income, so we put together practical and simple tips to avoid negative entries in your credit file.
Like many people out there, you might be wondering: “why is it so important for almost every lender?” Also, you might be asking: “how do I get my credit file and how can I use it?”
You may have read tons of articles about “tips on how to fix my credit”, but they often involve paying down your debts. What if you are financially hard up today, but you want your credit score fixed so you can get a better loan, job or perhaps a nicer apartment than what you could get with your current credit score?
Your credit file contains information that serve as basis of your credit score. Creditors look into this three-digit number that mathematically interprets the information in your credit file. You can access a copy of your credit report from credit reporting companies like Equifax. Your credit report will allow you to review any credit related activity such as credit enquiries and credit card balances.
Discover the most practical steps that can help you improve your credit ratings and strengthen you financial portfolio.
If you don’t know what’s in your credit file, you might be in for some trouble the next time you want to apply for a loan or credit card.
If I had a dollar for every time somebody told me “My credit rating is going down and I have no idea why,” I’d be living in my own building, not apartment.
Are you trying to negotiate a repayment arrangement using financial hardship? If so, here are some important things to consider. Financial hardship means you are having difficulty in repaying your loans and debts when they become due because of two main reasons:
When you find yourself in a difficult financial situation where you need to obtain quick loans to meet your needs, a poor credit score may get in the way. Many people in need of serious credit repair often resort to debt consolidation loans or debt management programs to increase their credit score.
Credit repair letters represent the best method you can use to repair your credit score.
When you are desperate, you are more vulnerable to scams of credit repair and dodgy money lenders whose sole purpose is to take advantage of you. Such a credit repair scam can cost you thousands of dollars, and if the service fooled you once, it will fool you again.
Do you have errors on your credit file? Are you stressing about how to remove these errors ?
Deciding whether to hire credit repair company or not is not a tough job. But, there are some important factors to consider when making your decision.
There are many reasons why debtors want to find out their credit rating for free. Whether they want to use it for credit application or for employment, one thing is certain- credit rating and the contents of a credit report are vital tools in financial planning.
In spite of what some would say, you should quickly try cleaning up your credit report as fast as it has been stained. The greatest downside of having a low credit score (subsequently a bad credit report) is that it can make it impossible for you to get a loan, regardless of the type.
If you are in a deep debt and your income is not enough to make even the minimum payment, then a debt relief strategy can help.
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.
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.
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.
Saving for anything is always something you should plan ahead for, especially if you are saving for a home loan deposit.
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.
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,
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.
If you have a credit card then you probably know that the interest rates are incredibly high. You might have gotten a credit card or two for those “just-in-case” purchases but if you have ever missed a payment then you know why credit card companies are so rich.
I often say this to myself, “I want to clear my debt” but I noticed that I find myself borrowing again just to be able to pay my existing loans. I’ve been thinking about how I can clear my debt as soon as possible.
Identity theft is a big problem for Australia. It is estimated that one in five Australians have had their information stolen at least once. Criminals have various ways of stealing your personal information. They can implement low and high tech ways of collecting your data.
Today mortgage providers are now offering some incredible tempting deals. Many Australians are now being lured by these unbelievable offers prompting many experts to warn them not to be dazzled by such upfront mortgage deals
Retirement and pension age for Australians began a little over a hundred years ago and has been evolving every since. It used to be that retirement age was far past the average life span of a worker and that when a person did reach the age where they could transition to retirement, they were expected not to work at all and just rest for the remainder of their lives.
Endless money supply is everyone’s dream solution to bad credit. How we wish that money grows on trees and with no effort at all we would all be rich. But that would also mean the devaluation of money, it would be equal to nothing more than a piece of paper.
Your credit history is a major factor when it comes to taking out a mortgage on a house, getting a loan for a car, applying for a credit card and even when applying for some jobs
There have been a lot of changes to credit reporting over the last 18 months. While many of these changes have been welcomed, one has remained a point of controversy and is the subject of much talk and misunderstanding. That is the recording of loan repayment histories on credit files.
With the amount of debt continuing to rise across the country, consumers have experienced a heavier reliance on a review of their credit file in recent years.
