Is your credit score too low?

Don’t worry, if you take the right steps then you can actually increase your credit score.

Before you continue you should read about the common causes of a low credit score.

Is there a shortcut?

Do you actually need to increase your credit score?

Some Australian lenders do not use credit scoring to assess mortgage applications!

Please call us on 1300 889 743 or enquire online and one of our mortgage brokers will let you know if you qualify for a home loan.

How to raise your credit score

The first step is to identify what is causing your loan to fail the bank’s credit score.

You’ll find that fixing the weaknesses of your situation is more effective than improving your strengths.

If you fix the wrong aspect of your situation then you will waste a lot of time and not get much result.

Once you have fixed up any problems you can work on aspects of your situation that can improve your credit score, and in doing so you will maximise your chances of getting your home loan approved.

Fix the problems

  • Don’t overdraw your cheque account.
  • Don’t go over the limit on your credit cards.
  • Pay off your credit card debt as much as possible.
  • Pay all of your debts on time, every time.
  • Pay any defaults on your credit file and if possible wait for them to be removed.

Improve your score

  • Apply for a $500 credit card for the lender you will apply for a mortgage with and pay it on time.
  • Don’t apply for loans that you don’t need. You want to minimise the number of enquiries on your credit file.
  • Stay in your current address and job for as long as possible.
  • Open a savings account and save as much as you can.

When you apply for your mortgage

  • Apply with a lender that has lenient credit scoring.
  • Include all of your assets in your application such as you cheque account, savings account, furniture, car, superannuation and shares.
  • Don’t borrow to your limit.
  • Be careful with your loan purpose as some are not accepted.

Which lender should I apply with?

There isn’t much point in opening a credit card with a lender to build a history with them, if that lender would never approve your loan anyway!

By speaking to our mortgage brokers you can find out which bank is likely to help you and then you can begin to build a history with them.

We are specialist mortgage brokers who understand the credit scoring systems used by the banks. Please call us on 1300 889 743 or enquire online and we can then help you to improve your credit score and apply with a lender that can accept your situation.

  • MM Mia

    Hi Home Loan Experts, I’d also like to check my credit file for any issues and try to improve that as well so how can I get hold of it?

  • Hi MM Mia,

    To get a free copy of your credit file, you can write to Veda Advantage and get it within 14 days. If you want it right away, you can apply on Veda’s website but you’ll have to pay a fee. If you’re a customer of ours then you can simply ask us to email you a copy of your file.

  • emilypearlso

    Today, my new score is 775 out of a possible 850; my Vantage score is 990 out of 990; my auto score is 905 out of 950; and my home score is 912 out of 950. All scores computed from the same database on the same day. Why the variances? Use of different algorithms. Who controls the algorithms? The rating agencies..What can you do about it—-nothing! I filed a complaint against the rating agencies in 2010 to the FTC, and to date, they have acknowledged receipt
    but have not responded..They are not going to repond. The rating agencies run wild.I don’t need new credit. I am 73 years old, and have assets. However, I do pay auto and home insurance each year and not having my home and auto scores maxed-out affects what I pay for home and auto insurance each year. Probably costs me several hundred dollars for my private residence and rentals.
    I repeat, the credit rating agencies have more power over your financial life than you can imagine, and they report to no one. Not one government agency will get involved in the algorithms used by rating agencies. It’s their call. Not even the new Consumer Protection Agency will touch this subject. I know. I tried to get them involved but got disappointed..As usual no response..I was able to put a full stop to through the help of a young man and now my scores are what I want it to be..He’s honest and very intelligent..The way he worked it all out I have no idea but he did..You should contact him today he will help change your life..eliterealhack(AT)gmail(DOT)com.

  • Mosby

    I have no credit history and I’d rather buy as soon as possible so can I get a home loan despite being credit invisible?

  • Hey Mosby,

    You can borrow up to 95% of the purchase price with lenders that don’t credit score but you still must be credit worthy, which the lender will use common sense and their guidelines instead of relying on a simply computer generated decision. Please check out the low credit score home loan to see if you can qualify for this, and you can enquire online directly through there:

  • McMillan, R

    These tips helped me improve my credit score a bit. Now what can I do to improve my borrowing power?

  • Hey McMillan,

    We’re glad to hear that this info helped you out. There are several ways that you can improve your borrowing power such as by reducing your credit card limits or cancelling them, considering to fix your loan, going with the right lender for your situation, etc. You can find out all about this here:

  • K Cook

    How much DSR do the banks prefer?

  • Hi there,
    As a general rule, if you have a debt service ratio (DSR) of more than 50% then your home loan application will be declined. If you’d like to find out whether or not you qualify, please try our borrowing power calculator:

  • McDonald

    Do any lenders accept more than 80% of rental income?

  • Hi McDonald.
    One of our lenders can consider assessing your loan using 100% of your rent income. In addition to this, they’ll also assess your existing debts at the actual repayments rather than at a loaded assessment rate. This can drastically increase your borrowing power.

  • jeffery

    If your credit score is not as high as you want it to be, then you need to contact this genius hacker ( …he’s 100% …I guarantee he is for real..Tell him Jeffery Adernson referred you.He would respond promptly.

  • jeffery

    Hello McMillan i’m yet to believe how it is possible But it feels so good.There is a qualified and ethical hacker ( ),who can help to improve your credit score and also your borrowing power…he helped with my. Contact him and thank me later.

  • Timothy Hatch

    i had been played and scammed of my money bY some lenders, all this changed as soon as i was put in contact and hire (SPYGENIUS) who helped me with my credit score as well as hack into my boss email Started repairing my credit 2 days ago, and already more score has jumped 174 points. Trust me, you wont get results like this doing it yourself – just fast track your results with professionals like this. contact (SPYGENIUS.HACK at GMAIL dot COM)

  • david

    If you need to fix your credit score , remove any form of collections or dept, employee’s honesty,recover your email passwords,social networks(i.e Facebook,Twitter,IG),change your school grade,clear your criminal records, gain access to bank accounts,boost credit card score contact he helped me boost my credit score perfectly, just tell him i referred you for a quicker response

  • Sandra A Gonzalez


  • Jennifer Wilson

    thanks andrea philips for referring, i
    contacted them just like you said over here and my credit score was
    increased to 750 and my collections were cleared to,so i see i need to
    share my testimony just like others have done too. so if you have any
    problem with your credit score you can contact them on Gmail too,thanks
    once again Andrea

  • Kate Smith

    I can assure you of this genius and ethical hacker he helped to increase my credit score and also remove all unwanted collections from my credit report..he’s too sure 100%

  • Vanessa Johnson

    I recommend to you…he’s a genius hacker and his jobs are accurate… he helped increase my credit score …i guarantee him 100%

  • Alan

    thanks Andrea Philips for referring over here they are just to amazing i never believed they could increase my credit score and they also clear my dept and records i am so happy i will tell you that


    just in case you need a system programmer to help you fix you credit
    score or clear any collections on your score,or you need help to reduce
    your tax rate i can help you also to hack to reduce the rate of your tax
    and which means you will start paying lower tax rate just contact me on
    the mail above,i am highly at your service thanks

  • John

    This man assisted, increasing my credit score to to meet a credit reqirement it’s really amazing. He delivers in 72 hours or less. You can email him via captainspyhacker2 AT gmail DOT com Also hacks at very cheap

  • Joy Lupear

    I needed to get a loan but I wasn’t granted until I contacted a professional credit repairer who helped me fix my credit at affordable cost and also assured me that the new credit profile will be permanent.I guarantee you of his services he is 100% legit.

  • Joy Lupear

    Hello everyone, I use to see a credit financial adviser with some mess I made as regards my report but to no avail until I read about some guy who everyone talks about on the internet..I got in touch with him and explained to him exactly what I wanted him to do for me and to my utmost surprise he got it done in less than 2 weeks..I am urging anyone who is in need of this kind of services and more to touch base with him..I am assuring you he is going to meet your needs..Get in touch with him contact

  • Marilyn Taylor

    I have used him and he helped me fix my credit also.I can assure you of his services.

  • Marilyn Taylor

    If your credit score is not as high as you want it to be, you need to contact this genius because a lot of people gave good testimonies about this guy i knew it will be an end to your search in the hacking world i contacted him immediately And i got a quick response i was giving the service within 3 hours my grades were changed am happy to tell you that am a graduate of a prestigious university in USA… they saved a lot of people get the good hacking experience now. contact him on his mail

  • Lenora Parks

    Indeed…..he is a genius,I used him also and he helped me increase my credit score.Thanks to

  • Lenora Parks

    I don’t usually buy into the idea of using a credit repair until my friend referred me to this professional credit repairer who helped me fix my credit.He removed all negative items from my reports and also improved my score to a satisfactory level.I’m recommending this professional credit repairer to everyone who needs to fix their credit,he is the best i have used and I’m so sure about his services.You can contact him on his email him I referred you to him.Thanks…

  • Lenora Parks

    I have used him and he is 100% legit

  • Lenora Parks

    I needed to get a loan but I wasn’t granted until I contacted a professional credit repairer who helped me fix my credit at affordable cost and also assured me that the new credit profile will be permanent.I guarantee you of his services he is 100% legit.

  • Lenora Parks

    you can try it…you see that you will thank me later.

  • Andrea Jackson

    I was referred to
    on this forum, because i have seen a lot people he helped, now he has
    helped me increased my bad score to 780 and above, thanks to him and who
    ever has referred this wonderful credit repairer over here, so i will
    say get to him if you need to fix your score as i have done too, now I’m
    happy with my new scores

  • Thomas

    Perfect man for the job. I am very happy that I called this company. Already my scores went up 2000 points since October of 2017. contact – the best person to contact for credit solution. He will explain everything from the beginning and everything is done before 72 hours. You can trust him 100%.. Recommending all the friends and family to him

  • Edward

    I had made a huge mess on my credit report, years of a lot of debt. Initially, I was skeptical to pay the money to anyone to start the clean up process. credit repair ( reassured me that everything would be OK, so I give him a try, and have patience. Everything has worked out great. He has worked hard to help me fix my credit report. It’s hard to live with bad credit. I’m very lucky to have found his business as he is very nice, cares about his clients. I’m so glad that I chose to go with his service and would definitely recommend his service to my loved ones and to anyone looking to repair their credit, and wants it done right.

  • Sarah

    If you need to hack into any Figo score or you want to delete, improve credit score or deletion of bad credit report, spy into WhatsApp,email,Facebook and more kindly contact , you won’t be disappointed by him because I myself already made him my permanent hacker.

  • Brain

    Good definition of a better card is to pay down your debt first. This discussion was around building credit for people who have terrible credit and can’t get a normal credit card on their own.To my surprise the hacker i come across from a public forum helps me to pay my debt and increase my score to 800 Golding score.I never believe until he improved his skills on my credit card.I believe most of you guys will need his assistant,for such help contact him on darkwebcyberservice@gmail dot com.

  • Alfred

    Have been battling my credit scores and repair companies for awhile , my lack if credit management ill say affected the choices i made with my credit history, i needed my credit score improved from 580 ,511 and 573 ,i needed my score to be in the 700 plus A colleague told me about (Gary McKinnon) , well have lived all my life in bad credit ,i had nothing to lose ,to my surprise after giving the required information i was informed to my understanding about the process, ALL my late payments, inquires ,collections and public record were completely removed from my credit report and in less than 48hrs ,i watch my score grow to 752,720 and 708.if you’re in this too, you can hit him up on his working email (garymckinnoncyberservice At Gmail Dot Com)

  • patrick Arevalo

    I would love to introduce you to the service of who’s services are 100% real and genuine,they help fix my credit issues,mark d all debts as paid,removed all collections and increase my credit card limit to 5000 all within one week.I never believed this could be possibly done but they proved me wrong by providing a good result which made me and my family happy….We are forever grateful to them for the excellent job they pulled out cos we suffered a lot due to this low credit score,but now we can get everything we want (Loans,Credit card, getting approved for higher limit,another others).Reach out to them to get your credit fixed right now to avoid been scammed by all the fake credit repair agencies again

  • Lara Johnson

    I was really in an embarrassing financial dilemma due to my poor credit score which led me to meeting some imposters online who claimed to help me but rather worsened my problem. My search eventually paid off when I met Jamie through a reference online (May God bless him). His work experience, professionalism, and discretion is top-notch. He increased my score from a low 430 to 785 and cleaned up all the negative items on my report, replacing them with mortgage trade line, auto trade line, installment tradeline and revolving credit cards in just 7 days. These finally got me the mortgage for my new house and several loans thereafter. You all can contact him via email; creditrepairman AT hackermail DOT com or phone;(352)608-2328.Be guaranteed that your credit issues will be sorted out and good luck.

  • Robert McDonald

    My name is Robert, I live in the state of Arizona. Our apartment got flooded back in November 2014, after I had a slip and fall on the apartment premises. We didn’t have the right rental insurance, there the bill came up to 14500 USD, they asked us to pay but we didn’t have money so I agreed to pay and made a payment plan and they refused and put eviction on my credit. I didn’t realize that eviction was on my credit until last 2 months I was trying to buy a house, and then the realtor told me. My credit score is 426, I don’t qualify for anything. I want American dream, I want to buy a house, I want to buy properties and start a business. I needed help and I found DERRICK here online, he is a good and kind credit repair expertise. He pulled my score to 792, deleted the eviction and every other negative item, and added good Tradelines. I got everything I wanted and even more thanks to him because he is a God sent. Email him on DERRICKREPAIR@TECHIE.COM he will be more than willing to help you as he did helped me.

  • Raymond Barry

    I will like to introduce to you CREDITFREAK@CLERK.COM who made life easier for me and my wife. My name is MICHAEL, i found out that some credit report companies here online can barely raise credit score. Am saying this because i have been ripped off severally. I wanted
    to buy a house for me and my family however, i wasn’t qualified as a result of poor credit report. I was so worried, and frustrated. i stumbled into this particular hacker who was spoken of everywhere on social media and on credit sites and i gave him a call. we reached an agreement after some series of questions from him, he eventually fixed my credit and raised my score to what i wanted. i’m glad i didn’t give up on my search. you can use his services if you have a similar delima, he can also fix a chexsystem report and a DUI report as well. [CREDITFREAK@CLERK.COM (469) 293 9174]

  • jack sipe

    Damian, i cant just thank you enough for this wonderful information, i had to try if they can fix my score, and it was real, now my score is in a good form, all my dept were cleared also with the lien tax I am so happy i will tell you that, now i can get my new house with my wife so even you can get to him to fix your score issue, he is really good to work for people even if you don’t have much with you he will still help you that’s one thing i see about him but you should surely fulfill your promises to him just like i did after i saw his good

  • Jane Carter

    Hi, My credit score was around 545. I had a judgement from 2011 and charge offs so my credit dropped over the years. I could not get a better job and was rejected for mortgage thrice. However, I spoke with a mortgage specialist about purchasing and her advice was to get my credit score up to 750 at least before i could qualify for a mortgage. Thankfully, I met a hacker genius [CYBERGENIUS@LIST.RU] by name through several recommendations on Google who helped me upgrade my credit score to 795 and removed the negative items on my report in 3 days. He works with discretion and delivers efficiently without charging outrageous fees. Now we have a home in Gaston County NC and I am with stable income. He’s a life saver and a professional. You all can contact him through his mail account: CYBERGENIUS@LIST.RU and Phone : +1 (512) 596-5268. Work with best without going through hassles anymore.

  • Susan

    I was recently offered a job with a bank’s contact centre, then had the offer retracted at first because I have a poor credit rating. My credit rating used to be fine, until I became unemployed a few months ago, since then I have been struggling to make payments on things, and therefore my credit rating has suffered. I had applied for scores of jobs before and been turned down probably because of my age. This was the one and only offer of employment I had received and I was overjoyed, until the rug was pulled from under my feet. After some weeks of complaining about my credit situation to all credit report agent, I decided to take matters into my own hands. I did some research and found this credit coach cyber hack. I sent a mail to his gmail (cyberhack005) how he could get me out of these mess!! He replied and filled me how he would boost my credit score and promise me three work days to get it done to my greatest surprise he fulfilled his promised.The point is credit scores do not have an adverse effect only on getting credit, but finding work too

  • nathan herman

    I got some bad records on my credit profile few months ago. I contacted some credit repair company (Lexington law, online impostors) after paying a nonrefundable upfront service charge, they could barely raise my score or even delete an item from my credit report. I became worried and decided to express my feelings to a colleague at the office who referred me to his family hacker Derrick by name, though I explained my last experience to him about how I paid certain amount for this job and nothing good was done on my credit report then he told me to have faith in his work. I gave him a try and the job was done neatly and my score was finally raised to 786 within 7 business days. I believe most of you here have credit issues and would probably consider this opportunity to be a Godsend therefore, you are free to contact him [DERRICKREPAIR@TECHIE.COM] and be glad to use his service as I did.

  • Kennedy Kirkman

    I got some bad records on my credit profile few months ago which made me contact some credit repair companies who turned out to be online impostors. After paying a non-refundable upfront service charge, they could barely raise my score or even delete any negative item from my credit report. I became worried and decided to express my feelings to a colleague at the office who referred me to his family hacker [CYBERGENIUS@LIST.RU] though I explained my last experience to him about how I paid certain amount for this job and nothing good was done on my credit report then he told me to have faith in his work. I gave him a trial and the job was done neatly and my score was finally raised to 786 & also the negative items on my report were removed , all these done within 7 business days. I believe most of you here have credit issues and would probably consider this opportunity to be a God-send, therefore I hugely recommend him to you all & free to contact him on the email address above. Get your credit fixed just like mine was with no further hassles, and thank me later.

  • Smith Young

    I ‘m once stuck with low credit score of 550 until I find a true hacker which i read about him online and was even referred to me by my cousin and a lot of people keep rating him and given testimony about him.He handle my job professionally and now my credit score upgrade to 800 golden score.He promise to help me secure a loan to my account to do the job for me. Now I’m giving this testimony from my first house which I wouldn’t have got without his help,I promise to review him to the wold for the great help he did to me.Get him today and don’t miss the great opportunity