Making ends meet can be really tough, especially if you’re unemployed, on government benefits, a student or earning a low income. Sometimes you need a fast cash loan to see you through a rough patch, or to wrap up lots of little expenses into one easy repayment.
When you want to apply for a small cash loan, it pays to get your financial records organised. But many people overlook the one thing that can make a big difference – your credit score.
First of all – what is your credit score?
Anyone who has ever applied for or used any kind of credit will have a credit file.
Want to know your credit score? Run your own free credit check
Many of us don’t know how healthy our credit rating is. In fact, industry research shows almost eight out of ten Australians have never checked their credit report.
So – what affects your credit score?
Here’s 3 surprising things that will affect your credit rating.
When you need access to some fast cash to see you through a rough patch or to pay for some unexpected surprises, it can be tempting to submit loan applications to a wide range of lenders in the hope that at least one of them will offer you a loan.
Not only does paying your bills on time make good financial sense, it also keeps your credit score healthy.
As you can see – it’s important that you look after your credit score, as it can help determine your ability to apply for future credit.
We’re here to help you clean up your credit check
Whether you’re unemployed, on government benefits, a student or earning a low income, you can start cleaning up your credit rating today.
Need help overcoming a financial hurdle or applying for a debt consolidation loan? For a chat and some helpful advice, just pop in and visit our friendly staff at your local City Finance branch, or call us on 1300 34 62 62 (FINANCE).