Access to your Credit File is governed the Privacy Act 1988 (the Act). This legislation prescribes to whom, and for what purpose, a credit reporting agency can disclose information held in your consumer credit file.
Read MoreIf there is incorrect information on your Credit File such as an overdue debt that is inadvertently listed by a credit provider, Equifax, after investigating your complaint or on the advice of the credit provider, will remove the listing.
Read MoreHow long information stays on your Credit File depends on the type of data. Identity information held for the life of the Credit File. Other information can typically range from two years to seven years.
Read MoreWe’ll create a credit file when we first receive information about you, such as an enquiry you made to a credit provider such as a home loadn or credit card, a business directorship, or default judgement information.
Read MoreUnder the Comprehensive Credit Reporting system your consumer credit report can be updated on a monthly basis with account repayment information such as if you have paid your home loan or credit card on time.
Read MoreA Credit File is made up of three parts: Consumer Credit, Commercial Credit and Public Record information. It's important to understand each fo these elements in amanging your credit profile.
Read MoreIf you shop online or share your information on social media it is a good idea to take steps to help protect your personal information. Equifax has a checklist called 'PROTECT" that you may want to consider.
Read MoreYour Equifax Credit Score is a summary of your credit information held by Equifax and indicates how finance or utility providers may view you when you apply for credit such as a home loan.
Read MoreA good Equifax Credit Score can help give you confidence to to help negotiate a better deal from a lender. If you're applying for credit it's important to understand your Equifax Credit Score.
Read MoreYour Equifax Credit Score is displayed as a number as well as a percentile range, showing where your Equifax Credit Score sits in relation to other credit-active Australians held in our credit reporting database.
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