Credit scores (Australian)

What is measured, what moves a score, and what nothing can move quickly.

Australia has three credit reporting bodies — Equifax, Experian and illion — each using a different scale, so their numbers are not comparable with one another. Under comprehensive credit reporting your report carries a month-by-month record of whether each payment was made on time, so consistent payments now build your file actively rather than merely avoiding damage.

What this section covers

What is actually on your credit report
Which factors carry the most weight
Credit utilisation, the fastest thing you can change
How long negative information stays

Written for Australia. Terminology, protection limits and regulators differ between markets, so a guide from another country will not transfer cleanly.