How does credit reporting work?
With fears of an Australian recession due to COVID-19 rising, how can you prepare to ride out an economic storm? In such a challenging times, there are ways that you can prepare yourself for this uncertainty.
When you apply for credit from a financial institution, or sign a contract that permits you to ... for goods or services, the organisation providing the credit wants to be confident you will pay back what you owe. Past behaviour is ... part of Sue’s Credit Report and, in most cases, her Credit Score as well. ABC Bank then makes a decision based on all the information ...
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