Your Credit File…a MUST know!!! Every time you apply for any type of credit/contract that particular provider will run a credit check on you personally…what they are looking for is any indication of your credit rating checking for any defaults, judgements or debt that you may not have disclosed. There have been many instances of people having a ‘credit default’ listed on their file without them knowing. It is extremely important to ensure that you keep your credit file ‘clean’ as this can impact on your ability to obtain finance in the future for up to 5 years (depending on the circumstances). The following site will allow you to obtain a copy of your credit file so you can check to see if there is anything on there that you believe shouldn’t be mycreditfile.au/. You can also opt for credit enquiry notifications to be sent to you so if there is any activity on your credit file you will be alerted to it. This can also become an issue if you decide to ‘shop around’ for your home loan for example as the more ‘credit hits’ you have on your file the less attractive you look as a potential customer to the credit provider….. If you happen to find yourself in the situation where you have found an error or you believe an entry on your report should not be there, you do have avenues to dispute them and have it removed, veda.au/ can assist you with information regarding this process.
Posted on: Fri, 13 Sep 2013 05:25:38 +0000
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