Hi Robyn,
Welcome to the forums.
An Equifax Score is a score which compares you as a borrower to the rest of the Australian population.
It can be found on your credit file that’s held by Equifax (formerly known as Veda Advantage).
It is one of the factors lenders consider when they assess your mortgage application.
As part of your home loan application, we obtain a copy of your credit file from Equifax.
The score provides us with a good indication of your strength as a borrower.
Please call us on 1300 889 743 or fill in our free assessment form so that one of our expert mortgage brokers can assist you through the home loan process.
Cheers,
Otto
How do lenders use my Equifax score?
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
- Contact:
Re: How do lenders use my Equifax score?
Hey Robyn,
You can find your Equifax Score /VedaScore when you apply for a home loan with one of our mortgage brokers.
Unfortunately, we cannot provide you with a copy.
If you’re curious about your score, you can order a copy by contacting Equifax.
Their Starter Pack starts at just under $80 and includes your full credit report.
Cheers,
Otto
You can find your Equifax Score /VedaScore when you apply for a home loan with one of our mortgage brokers.
Unfortunately, we cannot provide you with a copy.
If you’re curious about your score, you can order a copy by contacting Equifax.
Their Starter Pack starts at just under $80 and includes your full credit report.
Cheers,
Otto