What is a Credit Score?

What is a Credit Score?

A Credit Score is a number that summarises the information contained in your Credit Report. Some lenders use your Credit Score to decide whether they should lend you money and how much interest they should charge. There are 3 main Credit Reporting Bodies (CRBs) in...
Positive Credit Reporting to be Implemented by 2018

Positive Credit Reporting to be Implemented by 2018

The federal government is set to mandate Positive [Comprehensive] Credit Reporting (CCR) by the middle of 2018. Treasurer Scott Morrison says this will increase the availability of credit and help borrowers negotiate lower interest rates. What is Positive Credit...