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3 Reasons you may want to check your Credit Score
Did you know that in March 2014 the credit scoring system changed?
What’s on your credit report?
Here are 3 reasons why you need to know...
Better Deals
Get better interest rates on loans, borrow more and get better terms when its time to refinance
Approved
Avoid being rejected for finance. Who wants to apply for a loan only to be rejected because of a bad score or credit rating. Get that car/house/boat that you always wanted
Prevent Identity Fraud
If someone gets a hold of your personal information and uses it for the wrong purposes, it can seriously affect your credit score. Your credit file is one of the most important things you need to maintain in your life.
What does the new credit system mean for YOU?
The Credit Reporting changes mean companies will be able to access additional information around the types of credit, limits and how often people pay their bills on time.
The changes mean more information will be collected, and it will allow people to establish a positive credit rating quickly and show they have recovered from negative events.
Watch our Video to find out more ==>>
Due to unforeseen circumstances in my business I ended up with a default on my credit file. Village Finance worked with me and provided advice on how to manage the default to avoid wasting money with credit repair agencies. The end result was that I now have a excellent credit score, I've just bought my first home, which I thought I'd never achieve, with a loan from a bank with a low interest rate.
J. Bell
Mt Waverley, Victoria
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