Can You Get a Free Credit Report?

When it comes to your credit, it’s important to be proactive and stay informed. Luckily, you can get a free credit report from a number of sources. In this credit repair article, we’ll tell you how to get your free credit report and what to do with the information once you have it. Stay in control of your finances by learning all you can about your credit score!

Whenever you talk to a lender or broker about possibly taking out a loan, they may bring up the term creditworthiness. Creditworthiness is essentially how likely lenders think you are to repay your loans. Even if you don’t ask them, though, you can find out yourself by getting a free credit score report from any of Australia’s three credit reporting agencies.

Not only do lenders rely on these agencies and reports to determine your creditworthiness, but checking your credit score doesn’t affect the score itself. In other words, you can check your credit score absolutely free of charge once every twelve months.

When you request your free credit report, you’ll need to supply some personal information. This information includes your name, contact details, and drivers license number. If you don’t have a drivers license, there are other identity documents you can submit. If you have questions about your credit score, you should look at ordering a full credit report.

Although you don’t necessarily need a free credit score every year, it can help to stay informed. Track the yearly impact of financial transactions on your credit rating by getting an annual free report.

Your credit score is a commonly accepted measure of your creditworthiness, so it’s important to keep track of it. The three main credit reporting agencies in Australia are Experian, Equifax and Illion. All compute and rate your credit score differently. They collect information about you from banks and other lenders who comply with the comprehensive credit reporting rules. In short, every time you borrow or repay money to any kind of lender, they update the relevant agency.

It’s important to know which transactions will help or hurt your credit score, so you should check your credit report every year. This way, if there are any errors in your file, you can identify and correct them.

If you’re looking for help with credit repair, look no further than Clear Credit Solutions. We’re the experts when it comes to credit repair and we’re here to help. We offer a free credit repair assessment so you can see what we can do for you. There’s no risk involved and a full refund guarantee, so why not give us a call today?