Credit Score

In Australia, only a very specific list of businesses and lenders can access your credit report - and they must only do so for specific reasons.

Eden Radford -

15 Mar, 2024 -

2 min read

Credit Score

While it’s not that common, it is possible for your credit report to contain mistakes. If you think there’s a mistake on your credit report, there are steps you can take to make sure it is corrected.

Eden Radford -

12 Apr, 2024 -

3 min read

Credit Score

Your credit score helps lenders determine whether or not you’re an equitable borrower. Performing regular credit score checks is a sensible, preventative measure to monitor whether someone has illicitly used your personal information to obtain a line of credit.

Peter Terlato -

09 Nov, 2022 -

5 min read

Personal Loans

An increasing number of Australians are applying for personal loans and turning away from credit cards and mortgages, according to new figures from Equifax.

Mark Bristow -

19 Jul, 2017 -

3 min read

Personal Loans

Both National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA) have announced that they will participate in Comprehensive Credit Reporting (CCR) in 2018, allowing more Australians the opportunity to improve their credit ratings by exercising positive borrowing habits.

Mark Bristow -

10 Oct, 2017 -

2 min read

Home Loans

Lenders want consumers to be more accountable for the debts they disclose when applying for a home loan.

Alison Cheung -

15 Mar, 2020 -

3 min read

Home Loans

Nick Bendel -

01 Jul, 2019 -

6 min read

Credit Score

Australian credit reporting bureau Equifax has credit score system that could mean your credit behaviours are better reflected.

Eden Radford -

28 Jan, 2024 -

4 min read

Credit Score

The frequency at which your credit score changes will depend on how often a bank, lender or service provider offers this information to credit bureaus, and how often a credit bureau assesses your individual credit history and payment behaviour. 

Eden Radford -

30 Jan, 2024 -

4 min read

Credit Score

Your credit score offers an indication of how credit-worthy you are, and how likely you are to pay your debts on time. If you’re seeking an efficient and safe way to discover your credit score, sign up for a free inquiry.

Eden Radford -

16 Jan, 2024 -

4 min read

Car Loans

In promising news for prospective buyers with a shaky credit history, there’s no fixed minimum credit score for a car loan in Australia. However, as lenders refer to your credit score to determine the risk of providing a loan to you, a lower score might make them wary of lending to you.

Vidhu Bajaj -

14 Dec, 2021 -

4 min read

Car Loans

If you’re getting ready to apply for a car loan, you may be wondering how much of an impact your credit score could have on the success of your application.

Georgia Brown -

08 Jul, 2022 -

4 min read

Car Loans

Having a bad credit rating doesn't have to mean the end to your dream of owning your own car.

Bria Horne -

20 Jun, 2018 -

6 min read

Credit Cards

So, what happens if you don’t have a credit score? And how can you build up your credit history without risking falling into debt? Here are some helpful tips to guide you through developing your credit score.

Alex Ritchie -

15 Aug, 2020 -

6 min read

Credit Cards

One of the best ways to boost your credit score so is by paying off your credit card debt. It may take a few weeks, or up to three months, for your credit score to update once you pay off your credit card balance.

Alex Ritchie -

11 Jan, 2023 -

4 min read

Credit Cards

However, you may be wondering how this may affect your personal finances and does getting a second credit card hurt your credit score? Let’s explore what can affect your credit score and whether having multiple credit cards is good or bad for your credit history.

Alex Ritchie -

05 Aug, 2021 -

5 min read

Bank Accounts

Whether you��_ve never checked your credit score, or you know it��_s fallen and you��_re too nervous to look, it��_s crucial that you shake off these fears and bite the bullet.

Alex Ritchie -

21 Mar, 2018 -

5 min read

Home Loans

Credit problems _ who has them? If you're reading this article, chances are you have, or you know someone who has. First off, know that you are not alone. A lot of people have issues with their credit from time to time. Australians are in more debt than ever before and our income-to-debt ratio is through the roof.

Nick Bendel -

11 Apr, 2018 -

10 min read

Home Loans

In 2014, the government introduced comprehensive credit reporting to Australia. This type of credit reporting has been used in the US and UK for many years. It is expected to help credit providers make better decisions about who they lend money to by ensuring they do not provide finance that is unsuitable.

Nick Bendel -

17 Jul, 2018 -

5 min read

Home Loans

When you are starting the home loan application process, you could have some anxious moments about how lenders will view your application. Typically, lenders look at factors such as age, occupation, and income. In addition to those, your credit score plays an important role in evaluating your application.

Jodie Humphries -

02 Oct, 2020 -

5 min read

Personal Loans

While it’s not ideal, there may come a time when you miss a repayment for your personal loan despite your best intentions. But what could this mean for your financial health?

Georgia Brown -

19 Jun, 2021 -

4 min read

Personal Loans

If you want to learn how to improve your credit score, you��_ve come to the right place. We��_ve got nine great tips that can help you boost your standing in the eyes of banks and other credit providers.

Nick Bendel -

03 Jul, 2018 -

7 min read

Personal Loans

Even if you have a few dents in your credit score, you may still be able to get a personal loan. Find out how to apply for a personal loan with an average credit score.

Jodie Humphries -

03 Jan, 2021 -

4 min read

Savings Accounts

RateCity spoke to EC Credit Control debt collector, Chris Loveridge, about his experience chasing consumer and commercial debt, and what he wishes more people knew about his industry.

Alex Ritchie -

18 Sep, 2017 -

5 min read