While having a housemate can help you lower your housing costs, especially in areas where the rent is sky high, their actions have the potential to impact your credit score and your ability to access credit in the future. How you ask?
Everything you need to know about the update to CCR before July 2019.
Haven’t heard of Comprehensive Credit Reporting (CCR)? Never checked your credit score? Well, now is the time to do so! Why? Because your credit information will now be shared with Australia’s credit bureaus.
Don’t say we didn’t warn you! Be aware of these (seemingly small) things that can really impact your credit score. We’re all familiar with the basics of credit scores and the unsurprising things that have an impact, you know the deal, excess of lines of credit, unpaid bills etc. But there are some less obvious More…
A new credit reporting system and tighter lending standards are making it extra important to stay on top of money matters.
If you’ve been a member of Credit Savvy for a while now, then you are probably already aware of the reasons why you should monitor your credit score. It’s an important step in building and maintaining good credit, and with Credit Savvy, it’s completely free!
Sure, the lure of a credit card with frequent flyer points sounds too good to pass up, but it could hurt your credit score.
A healthy credit score can see you enjoy access to a wider range of loans, and a chance to land a great rate. But what if your credit score is looking a little lean?
You may be pleased, you may be a little underwhelmed. You may wonder why it isn’t higher but there is another thing you need to bear in mind. It’s all relative.
The team at Credit Savvy believe every Australian should have free and instant access to their credit score. That’s why they’ve teamed up with Experian to give you access to your credit score and credit file information, every month, for free!