What is my credit rating? Your credit rating is a file on your credit history and is collated by the major credit reporting agencies if you have ever been credit-active. Your credit rating is then checked by any financial institution or credit provider and is used to assess both the amount you are able to borrow and your ability to repay the loan.
Generation Y is responsible for more than one third of Australia's total consumer credit defaults, despite making up 20% of the entire credit active population. Gen Y also has more personal loan and telecommunication defaults than any other generation, relative to population size. (Statistics from Veda Advantage)
MyCRA Credit Rating Repair Vodafone customers' personal information was available on a publically accessible website.. Vodafone was in breach of their obligations under the Privacy Act... The AUSTRALIAN CRIME COMMISSION now sites identity theft as the "fastest growing crime in AUSTRALIA
Recently I blogged about Telstra allegedly breaching the privacy of [...]
My CRA recommends you obtain a report on your credit [...]
You can check what is on your credit file in [...]
Merry Christmas from Graham and the team at MyCRA Credit [...]
A 2007 Australian Bureau of Statistics survey shows over 500,000 people in Australia have been victims of identity fraud, with the majority coming from credit or bank card fraud. Not only does identity theft cause financial hardship at the time, but can amount to a great number of defaults on your credit record. Often by the time the Police become involved, you may have credit applications, possibly defaults, mortgages, and mobile phones already on your file incorrectly.
Telstr has sent out 220,000 'botched' letters to clients with other customers information showing what Plans, Phone numbers, even Silent Numbers and Names of other clients. are you a victim?...
Your credit rating is just like your health. You can [...]
I was chatting with Paul Clitheroe (Chairman of The "Australian [...]
