How To Check Your Credit Score In Australia – Forbes

When you apply for credit, such as a bank loan or credit card, the lender needs to make a decision about whether youll be able to repay the money you want to borrow.

To do this they will look at your credit report, which contains a credit score and a credit rating. These things are an indicator of how good youve been in managing and repaying credit youve been extended in the past.

Its important to understand what information your credit report contains, and what your credit score and credit rating are, ahead of applying to borrow money.