credit score

Comprehensive credit reporting (CCR) is a boon for consumers, and the banks are leading the way. CCR has been drip-fed to Australian consumers over the last five years. It was first introduced on a voluntary basis in 2014. A CCR bill was introduced ... More

The impending open banking regulations are set to fundamentally change the way customers and organisations interact for mutual benefit. By sharing data electronically with credit providers, time spent on filling out paper applications will be mitigated ... More

You've probably seen references in the newspapers to "open banking" and "comprehensive credit reporting" but what does it all mean for the average consumer? Both are policies that will improve access to financial services data in Australia for the benefit ... More

We answer the 10 most-asked questions when it comes to your credit report What information is included in my credit report? By Steve Brown, director of bureau engagement with illion Your credit report will contain personal ID verification information ... More

1. How do I access my credit score? By Steve Brown, director of bureau engagement with illion A free credit score from illion can be obtained by visiting creditsimple.com.au . Other providers include creditsavvy.com.au and getcreditscore.com.au. Credit ... More

Australia's credit reporting system is changing - here's what you need to know You may have seen references in the papers to "comprehensive credit reporting" or even received a notice from your bank about changes to the credit reporting system in Australia. ... More

Banks will be required to share information about your late payments on loans and credit cards with other lenders, under a proposal from treasurer Scott Morrison. This is part of a reform known as "comprehensive credit reporting", and it's likely to ... More

Australians applying for a new credit card, loan or mortgage will now be assessed on how well they have repaid their credit accounts in the past two years, after the federal government moved to fast-track greater data sharing among banks. The new data ... More

Just what we need ... another agency to keep score on us. Credit Simple, part of Dun & Bradstreet, joins GetCreditScore, which uses Veda data and is backed by peer-to peer lender SocietyOne, and Credit Savvy, part of Experian, to become the third agency ... More

One in three Aussie marriages ends in divorce , which costs the economy $14 billion each year in government assistance payments and court expenses. Each time an individual divorces their assets shrink by 9% - and it takes an average of five years to ... More