Credit Score

What Makes A Good Credit Score?

personOtto Dargan access_timeFebruary 18, 2014

Are you planning to buy a home? Do you have a clean credit file or no credit history at all? Are you a high income earner with few assets? You’d be surprised by which factors have a massive impact on your credit score and, ultimately, whether the bank will see you as a...

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Bad Credit From A Collapsed Investment

personOtto Dargan access_timeFebruary 4, 2014

Have you had your credit history damaged after investing in a managed investment scheme (MIS) that collapsed? Many investors are in similar situations. They invested in schemes based on misleading claims and often borrowed money to fund their investments. Investors have not always...

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Privacy Act Amendment

personOtto Dargan access_timeDecember 4, 2012

Recent changes to the Privacy Act 1988 now give banks greater insight into your credit history. But the big question is, how will this affect the way lenders view your home loan application? Read on to find out more. What has changed? On November 29 2012 the Senate Committee...

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New Personal Property Securities Act

personOtto Dargan access_timeDecember 8, 2011

The start date for the Personal Properties Security Act (PPSA) has been confirmed by the Attorney General to be Monday, January 30, 2012. The Federal Government’s Personal Property Securities ACT (PPSA) Reform is going to be bringing about some changes to the rules that...

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VedaScore To Improve Credit File Information

personOtto Dargan access_timeJune 28, 2011

Veda Advantage, the main credit reporting agency in Australia, is rolling out their VedaScore as part of all credit reports ordered by lenders and authorised agents such as mortgage brokers. This change will mean that mortgage brokers will have an accurate credit score for customers...

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