10 Top Tips on ‘Fix My Credit Report’

One of the most common searches on the internet when it comes to our credit reports is ‘Fix My Credit Report’.

We take many calls every week from consumers asking ‘please help me fix my credit report’.

Whilst there is some work we can do to help people, once we’ve run a complimentary assessment.

There are many times when you can actually fix your credit report yourself.

Credit Report Top Tip

#1

Be mindful of the type and frequency of your enquiries for finance.

Use an accredited finance broker before you apply!

Credit Report Top Tip

#2

Check your credit report on a regular basis.

You can get your free credit report from www.mycreditfile.com.au

Credit Report Top Tip

#3

Some buy now pay later and other low grade enquiries can drop your credit score.

This could affect what interest rates you’re offered for things like home loans.

*Lender Ts and Cs apply

Credit Report Top Tip

#4

Make sure you pay your bills on time!

Check your due dates for your loans!

Credit Report Top Tip

#5

Set up direct debits for all your debts.

Credit Report Top Tip

#6

Contact your credit provider if you are experiencing financial difficulties

Credit Report Top Tip

#7

Organise financial assistance or a temporary freeze on your accounts if needed

Credit Report Top Tip

#8

Put some savings away for a rainy day! This could help if something unexpected pops up!

*Information purposes only / not financial advice

Credit Report Top Tip

#9

Be mindful of fraud and PROTECT your personal data online!

We’ve had many enquiries from consumers who have had their ID stolen online.

Credit Report Top Tip

#10

Do you have multiple credit cards but only use one?

Why not close the others and just keep one card (to show good repayment history information)

*Speak to a finance broker about your finance options

We hope you got some use out of this article.

Complete our contact page on our home page here for a free eBook on credit reporting.

If you are currently experiencing hardship, we cannot assist you.

Please call the National Debt Helpline on 1800 007 007.

Or you can go to MoneySmart’s website for finance tips.

*This article is for information purposes only & is not deemed financial advice.