credit score

Identity theft is an increasingly growing problem in Australia. The annual cost is estimated to be around $2.2 billion including government agencies and individuals. A recent report from identity theft and cyber support business IDCare found that consumers ... More

I bought my first home from my super last year and the tenant has been in the house for eight years. I am claiming back on getting small projects done to the property, such as painting the external wall, etc. I have ample funds to pay for the house ... More

Identity theft is becoming all too familiar in Australia. Stories of maxed-out credit cards, account takeovers and stolen licence details are increasingly common, yet rarely do we think "this could happen to me". Until it does. Recent Scamwatch figures ... More

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