However, as Experian states on its website, your credit score is “only a portion of what is considered” when a lender assesses your credit application, meaning other factors such as your income and wider financial situation can also be important.Įxperian is one of several credit score providers in Australia, so your numerical ranking may differ depending on which credit reporting agency you go through. This is because there is thought to be less chance of an adverse event, such as a default on your payments, within the next 12 months. The higher your Experian credit score is, the more likely you are to be approved by a lender or credit provider, based on Experian’s calculations. This is a fair credit score and is slightly below the averageĪ credit score within this range is likely to be considered poor by a credit provider. This is the average credit score range, Experian says This indicates a credit score that is well above averageĪ credit score within this range is above average You will then receive your free Experian credit report within 10 working days.Įxperian rates credit scores on the following scale, from 0 to 1,000: Excellent Australian Medicare Card (all versions)Įxperian says that once you have provided the required information and submitted a request for your credit report, your information will be verified, and your request will be processed.Your report can be ordered online through the Experian website, and you will need to provide an identification document. ![]() ![]() In order to provide you with a copy of your report, Experian will need to check and verify your identity. According to Experian, you can order a free copy of your credit report once every three months. This report includes information such as your credit history, the credit accounts you hold and your Experian credit score. One of the financial services that Experian provides is a free credit report. How can you order a copy of your Experian credit report? Your credit score is not fixed, however – it can go up and down over time – and it is only one factor lenders consider when assessing a credit application. According to Experian’s website, an Experian credit score is a representation of how a credit provider may see the information on your credit history report. When you apply for a credit product such as a home loan, a credit card or a personal loan, the lender will generally use your credit score to help it decide whether you are a reliable person to lend money to. It is one of the three biggest credit reporting bodies in Australia, along with Equifax and Illion, and lenders may consider your Experian credit score when deciding how reliable you might be as a borrower. According to its website, Experian currently has over 12,000 clients internationally and aims to help individuals with their finances and to access financial services. → You can check your credit score for free with Canstar What is Experian?Įxperian describes itself as a global information services company that provides data and analytical tools to clients around the world. Experian is one of several major credit reporting agencies in Australia, and if you want to review your Experian credit score, you can ask for a report directly from them. Your credit score is a reflection of how reliable you are seen to be as a borrower.
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