Why should you view your Credit Report?

A couple of reasons.
Know Your Credit Status. Your credit report spills the beans on your borrowing and repayment history. It's like peeking into the secret vault of your credit world. Armed with this insider knowledge, you'll know exactly where you stand with credit providers. No more guesswork—just pure credit enlightenment!

Build Your Credit Status. Planning for the future? You've got to be a credit-savvy ninja. Regularly checking your credit report is the secret sauce to building that impressive credit status. Find those areas where you can level up, make tweaks, and unlock better credit deals with lower interest rates. It's like becoming a credit superstar, one smart move at a time!

Protect Your Financial Identity. We've got your back, Sherlock! Your credit report is your trusty sidekick in the fight against identity theft. It's like having a superhero shield that detects any shady characters trying to mess with your finances. Spot those fraudsters, sound the alarm, and take swift action to keep your financial identity safe and sound.

Credit Score
Arrow pointer

Benefits Of Knowing your Credit Score

Unlocks access to better credit deals.

Improve your chances of being approved for credit.

Protect your financial identity.

A quick guide to credit reports

Compare Credit Reports

A Credit Report is a confidential report that details your borrowing and repayment history. It contains personal information and information on your credit agreements like your home loan, credit cards, overdrafts, Personal Loans, and Cellphone Contracts. This information is displayed over a 24-month period detailing how you have paid these debts every month. Information of any judgements or defaults taken against you is also found on your Credit Report, this information can have a very negative impact on your overall creditworthiness. Credit bureaus collect this information in order to make Credit Reports available to help determine the risk in providing you with credit.

View all FAQs

A quick guide to credit reports

Credit Rating/Score

A credit rating or score is a points system based on the borrowing and repayment history contained in your Credit Report. The credit rating is used by banks and other financial services providers to determine whether a loan should be granted based on your risk profile.

Credit History

A record of your current and fully repaid debts. Your credit history helps banks and other financial services providers determine whether you have a history of repaying debts in a timely manner. This will help determine your creditworthiness. Your credit history will reflect on your Credit Report for a period of 24 months.

Credit Agencies/Credit Bureaus

Organisations that collect individual consumer credit information and provide Credit Reports to potential lenders, employers, landlords, etc., for purposes of aiding in their decision-making process.

Debt Consolidation

Debt consolidation is when a debtor takes out one loan to pay off other smaller loans or debts. This is usually done to secure a lower interest rate. It also makes monthly repayments easier as the debtor is paying off one loan instead of many different ones.

Personal Loan

A Personal Loan is a financial contract in which one party borrows a specific amount of money from another party that is to be paid back over an agreed upon period of time. It is a type of loan that can be used when experiencing long- or short-term cash flow problems.