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Highest credit score10/3/2023 ![]() Your credit score and credit report are the two main variables credit providers consider when evaluating your application. Sign up now! Why is having a good credit score is important? All you have to do is complete a quick form, and we can handle the rest. GetCreditScore can get your credit score in a matter of minutes. Unaware of your credit score? We can help you find out! You should work on clearing defaults and paying your bills on time to raise your credit rating. Your credit report may contain a string of negative data that caused your credit score to plummet. Below Average (≈0–505): Those who have credit scores in this range are the most likely to experience an adverse financial circumstance over the next year. ![]() If you tighten up on your credit behaviour, you should see improvements in your credit rating over time. It is not indicative of a serious financial setback, but lenders may view you as a riskier borrower than those who rank in higher classifications. Average (≈506–665): You are likely to experience an adverse financial circumstance over the next year if your credit score is in this range.You may move up a classification if you make your payments on time and limit your credit applications. A good credit rating is fairly healthy and indicates to lenders that you are not prone to major financial setbacks. Good (≈666–755): Those who have credit scores in this range are more likely to keep a clear credit report over the next year than the average consumer.If you want to score even higher, you can limit the number of credit applications you make to reduce the enquiries on your credit report. You should have no trouble taking out a loan as long as the terms align with your budget. Very Good (≈756–840): You are twice as likely to maintain a clean credit report over the next year than the average consumer if your credit score is in this range.Therefore, if you fall into this range, most credit providers would be glad to offer you credit with favourable terms and interest rates. They are very unlikely to face an adverse financial circumstance – such as a default or bankruptcy – over the next year. The people in this cluster are some of the most influential consumers in Australia. Excellent (≈841–1,200): This rating range is the epitome of what is a good credit score.Sign up today and get access to exclusive offers on premium credit services, including credit cards, personal loans, car loans, home loans, business loans, and insurance policies! What is a good credit score?Įquifax rates credit scores on a scale and classifies credit report holders as follows (these score ranges are approximate since they change regularly): ![]() If you have ever applied for a loan or credit card before, you are entitled to request a copy of your credit report. ![]() GetCreditScore can help you find out what your credit score is in a matter of minutes. Moreover, we use cutting-edge encryption and identity verification technology to ensure that your information is secure. You may think you have a clean record, but a default from several years ago may still be impacting your rating.Īvailing of our services does not affect your credit score rating in any way since it is not a hard enquiry. It is also a good idea to monitor your credit rating to ensure that everything is in order. We can help you obtain a copy of this file so that you can find out how to improve your credit score. GetCreditScore can give you instant access to your credit report overview to help you assess your eligibility for credit products and services.Įquifax calculates your credit score based on the information from your credit report – a document that contains an extensive record of your credit history. You are probably here because you want to know what is a good credit score and how it compares to your own. ![]()
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