Credit Savvy - Credit Score

Take control of your credit life, anytime, anywhere, for free with Credit Savvy. Join over 1 million Australians making more of their credit score today! Use all these features for free: Track your credit score & report - Get access to your credit score. We’ve partnered with Experian, one of Australia’s official credit reporting bodies to deliver your credit data. - Receive monthly score updates to help you monitor what’s happening on your credit file. Learn what’s behind your score - Uncover the important elements of your credit report so you can take action to improve it. Protect your credit reputation - Receive alerts whenever there are changes to your credit file to help you guard against identity theft and fraud. - Request to place a ban on your credit report through SavvyShield if you are worried about identity compromise. Level up your credit knowledge - Get practical resources to build your credit confidence and improve your financial wellbeing. Signing up to Credit Savvy is as simple as 1, 2, 3 1. Download the Credit Savvy app. 2. Verify your identity with a form of ID (such as your driver’s licence), so we can securely retrieve your credit data from Experian. 3. Get your credit score and credit file information, along with free credit monitoring tools and resources to help you improve your financial wellbeing. *Checking your score with us won’t hurt your score at all* How we protect your credit data - The security of your information is extremely important to us. - We use bank-level encryption and we work with industry leading experts to keep your details safe. - We respect your privacy and we’ll never share your personal information without your consent. What is a credit score? A credit score is a number that is calculated using the details on your credit file. It’s a simple representation of your creditworthiness and is dynamic – meaning it may change from month to month. A score can be between 0 and 1000 and the higher the score, the better. To make it easy, we’ve grouped the scores into 5 bands from Excellent to Below Average. Why should I check my credit score? Lenders such as banks, credit card companies, utilities and telcos can use your score to assess the risk of lending you money or extending you credit. Your score can also determine how much they will lend you as well as the interest rate. Knowing your score can help you make smarter financial decisions. Need help? You can find instant answers to common questions in our Help Centre: https://www.creditsavvy.com.au/help or you can reach out to us directly via email: contact@creditsavvy.com.au This content has been provided to you by Credit Savvy Australia, operating within CBA New Digital Businesses ABN 38 633 072 830 and Australian Credit Licence 516487. CBA New Digital Businesses is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. Credit Savvy acts as a credit intermediary and does not provide personal financial, legal or tax advice, or credit assistance of any form. You should consider your needs, along with the terms and conditions of any products mentioned in this podcast before deciding what is right for you.