Key takeaway on how to protect your credit rating – be proactive!

Every time you make an application for a credit card, home loan, personal loan, in-store finance, ect. the information on your credit file is reviewed by the lender to determine if you will be able to fulfil your financial obligations. Any payment defaults (unpaid bills) can be added to your credit file and could significantly impair your ability to obtain finance in the future.

To request a free copy of your personal credit report, click here.

To understand what the comprehensive credit rating codes mean, click here.

If you are concerned that you may not be able to meet your financial obligations and make your loan repayments on time, contact your lender to apply for a repayment holiday. But, it is important to understand what a holiday repayment really means, learn more here.

Regardless of your situation, we are here to help you. Let’s work together to create a plan to help you and your family through this challenging time!   

If you want to know more about your options please leave your details below and we will be in touch. You could also contact us here.