What is a credit report?

What is a credit report and why does it matter?

When researching credit repair, many people wonder “what is a credit report?” A credit report is a summary of all your credit related activities. Any credit accounts you have now or have had in the past (including credit cards, home loans, auto loans and more) are listed in your credit report. A credit report details the balances of these accounts, account history, payment information and, if applicable, whether any action has been taken against you due to issues such as late payments or unpaid credit bills. A credit report is used by banks and other credit providers when deciding whether to grant a loan.

Your credit report is important as it affects your financial opportunities. It is a representation of you as a potential borrower and is used to give you a credit score. The true answer to “what is a credit report?” is “very important”. 

The type of information recorded in a credit report includes:

  • Identifying information: your name, gender, all addresses, date of birth, driver’s license number
  • Name of creditor
  • Date of credit application
  • Amount of loan sought
  • Co-signers on the loan
  • Negative items such as defaults, judgements and more.

If you have discovered that your credit report has a bad rating, then Clean Credit can help. We specialise in helping people have negative credit items such as defaults and judgements removed from their credit files through our credit repair service. Through this we can help restore your credit rating, allowing you to secure credit once again

Enquire now

for an obligation-free assessment


Can't get a loan or credit card?

We provide solutions

NO-effect-on-your-credit-fileNO effect on your credit file

What our clients say

  • “I needed a small working capital local to sustain my small Business but the banks wouldn’t take me on due to my low Credit score. These guys just said no problem! It was a done deal.”

    Owen, NSW
  • “Clean credit have successfully removed listed defaults from my Credit File, couldn’t be happier. Very professional and explained everything with clarity. I would highly recommend them to anyone.”

  • “Morning Jamil,

    Hope you’re doing well and had a nice weekend.

    It’s such great news to hear that (credit score jumped from 274 to 629). It’s amazing that you guys still managed to get it sorted in a short period of time.

    Thanks very much.”

  • “Lachlan was great! He worked quickly and kept me up to date! I will definitely be recommending Lachlan and the team at Clean Credit to my friends and family.”

    Jade, QLD
  • “You have really relieved a lot of stress, thank you so much. I know a lot of work and time went into this and it is most appreciated.”

    Shane, VIC
  • “Ed, Really appreciate all your work mate. Will recommend you to lots of people. Very good man, well worth the money. Thank you very much. ~Ben”

    Ben, WA