Have you checked your own credit report?

Knowing what is on your credit report is important.

It does not matter how much income or the assets you have, if you need a loan and your credit score is low due to errors or identify theft you may not have enough time to get amendments made before you need finance.

You are entitled to one free report each year for each of the 3 agencies.

Contact the 3 Australian credit reporting agencies directly for a copy of your credit report:

• Equifax https://www.equifax.com.au/.../credit-and-identity-products

• CheckYourCredit (illion) https://www.illion.com.au/#illion-for-individuals

• Experian https://www.experian.com.au/order-credit-report/

Since different agencies can hold different information, you may decide to request a credit report with more than one agency.

It may sound boring but it could make the difference of getting your finance approved or not.

It is best to get your report from one of the 3 agencies rather then a company advertising your "free" report. They could be using your credit information to market products and services to you at a later date.