Debbie Wine
General Manager for Australia and New Zealand at ClearScore
How to check your credit score in Australia
13 min read
Contents
Key takeawaysUnderstanding credit scores and reportsHow to check your credit score for freeUnderstanding your credit score resultsSoft enquiries vs hard enquiriesComprehensive credit reporting in AustraliaHow often should you check your credit score?Track your credit score for free with ClearScoreFrequently asked questionsDiscover your credit score for free and take control of your financial future
Key takeaways
You can check your credit score for free in Australia through multiple trusted services without affecting your rating
Regular monitoring helps you spot errors, understand your financial standing, and access better credit offers
Checking your own score is a soft enquiry that won't hurt your credit rating
You have the right to get a copy of your credit report for free every 3 months from each credit reporting agency
Services like banks, third-party platforms, and dedicated apps offer different features for tracking your score
ClearScore provides free ongoing access to your credit report with personalised insights to help improve your financial health
You can check your credit score for free in Australia through several methods: directly with credit reporting agencies, through your bank's app or website, or via third-party services like ClearScore. These checks won't affect your credit rating as they're classified as soft enquiries. Timing varies by provider. Some online services show a score quickly after identity checks, while a free credit report request from a credit reporting agency may take longer to arrive.
Understanding credit scores and reports
Your credit score is a three-digit number that represents your creditworthiness based on your financial history. Think of it as your financial report card. Lenders use it to decide whether to approve your applications and what interest rates to offer you.
What is a credit score?
Your credit score is calculated using information from your credit report. It reflects how you've managed credit in the past, including loan repayments, credit card usage, and any defaults or bankruptcies. The higher your score, the better your creditworthiness appears to lenders should be.
Each credit reporting agency uses its own scoring model. Your score is calculated using information in your credit report, such as:
Payment history
Credit utilisation (how much of your available credit you're using)
Length of credit history
Types of credit accounts
Recent credit applications
What is a credit report?
Your credit report contains the detailed information used to calculate your score. It includes your personal details, credit accounts, payment history, and any adverse events, like defaults or court judgments. This report forms the foundation of your credit score.
Why check your credit score?
Regularly checking your credit score offers several benefits:
Spot errors early: Credit reports can contain mistakes that unfairly lower your score. Regular checking helps you identify and fix these errors quickly.
Understand your financial standing: Knowing your score helps you understand how lenders see you and what credit products you're likely to be approved for.
Track improvements: As you work on your financial health, regular monitoring shows you the positive impact of your efforts.
Prevent identity theft: Unexpected changes to your credit report can signal fraudulent activity.
How to check your credit score for free
You have several options for checking your credit score without paying fees. Each method has different features and benefits.
Check and monitor your credit score for free with ClearScore
Your credit score tells the story of your financial reliability, and understanding it is the first step to taking control of your financial future. With ClearScore, you can access your credit score and access key credit report data, completely free, updated weekly, for life.
Here's what you get:
Access your key credit report data from Experian, giving you a comprehensive view of how lenders see you. Check your score anytime, anywhere, with no hidden fees or charges, ever. ClearScore makes money by recommending financial products that might suit your credit profile, but using the service costs nothing.
Get clear insights into what's helping or hurting your credit score. Track payment history, credit utilisation, account age, and recent searches. See exactly which factors are making the biggest impact on your score.
Review your credit report weekly to catch mistakes that could be dragging your score down. See all your credit accounts, payment history, and any searches in one place, updated regularly so you're always in the know.
Receive tailored guidance on how to build your score over time. Whether you're starting from scratch or working to improve an existing score, you'll get actionable steps matched to your situation.
Checking your score directly with credit reporting agencies
You can request your credit report for free from Experian and Equifax. Some agencies and third-party services also provide a credit score alongside your report.
Equifax provides a free credit score through their MyEquifax service. You'll need to create an account and verify your identity using documents like your driver's licence or passport. Verification is usually completed through government-issued ID checks under the Document Verification Service (DVS).
Experian offers free access through its CreditCheck service, which includes your score and basic credit report information.
Using bank services to check your score
Many Australian banks now offer credit score access as part of their digital banking services:
Commonwealth Bank provides Credit Score Hub through their app and NetBank, powered by Experian data
ANZ offers credit score monitoring through their app, updated monthly
Westpac provides credit score access through its online banking platform
NAB includes credit score information in its mobile app for customers
What information will you need to provide
To check your credit score, you'll typically need to verify your identity with:
Full name and date of birth
Current residential address (and previous addresses from the last two years)
Driver's licence number or passport details
Phone number and email address
In some cases, details about your employment or financial accounts
This information helps the service confirm you're accessing your own credit information and protects against fraud.
How long does it take?
Timing varies by provider. Some online services show a score quickly after identity checks, while a free credit report request from a credit reporting agency may take longer to arrive.
Understanding your credit score results
Once you have your credit score, it's important to understand what the numbers mean and how to interpret your results.
Credit score ranges and ratings
Credit score ranges vary depending on which credit reporting agency is providing the score. For example, an Equifax credit score can be between 0 and 1,200. Your Experian credit score is out of 1200.
Here's how we show you your credit score at ClearScore:
Credit score | ClearScore name |
|---|---|
| Credit score 0 and below | ClearScore name Raise your game |
| Credit score 1 – 299 | ClearScore name Raise your game |
| Credit score 300 – 499 | ClearScore name On the up |
| Credit score 500 – 699 | ClearScore name On good ground |
| Credit score 700 – 799 | ClearScore name Looking bright |
| Credit score 800 and above | ClearScore name Soaring high |
Key factors that affect your credit score
Understanding what influences your score helps you make better financial decisions:
Payment history: Late payments, defaults, and bankruptcies significantly impact your score. Consistently paying on time is the most important factor.
Credit utilisation: Using a high percentage of your available credit can lower your score. Aim to use less than 30% of your credit limits.
Credit mix: Having different types of credit (credit cards, personal loans, mortgages) can positively affect your score when managed well.
Recent applications: Multiple credit applications in a short period can temporarily lower your score.
Account age: Longer credit relationships typically improve your score, showing stability to lenders.
Reading your credit summary report
Your credit report contains several sections:
Personal information: Your name, address, date of birth, and employment details.
Credit accounts: Current and closed credit cards, loans, and their payment history.
Credit enquiries: Recent applications for credit, including both successful and unsuccessful attempts.
Public records: Court judgments, bankruptcies, or other legal matters affecting your credit.
Defaults: Any accounts where you've fallen significantly behind on payments.
Identifying errors on your credit report
Common errors to look for include:
Incorrect personal information
Accounts that don't belong to you
Incorrect payment history
Closed accounts shown as open
Incorrect credit limits or balances
If you find errors, contact the relevant credit reporting agency immediately to dispute the information.
Soft enquiries vs hard enquiries
Understanding the difference between enquiry types is crucial when checking your credit score.
What is a soft enquiry?
A soft enquiry occurs when you check your own credit score or when a company checks your credit for pre-approval offers. These enquiries don't affect your credit score and aren't visible to other lenders.
Examples include:
Checking your own credit score
Employer background checks
Insurance companies reviewing your credit
Pre-approved credit offers
What is a hard enquiry?
A hard enquiry happens when you formally apply for credit, and the lender requests your credit report summary. These enquiries can temporarily lower your credit score by a few points and remain visible on your report for two years.
Examples include:
Credit card applications
Personal loan applications
Mortgage applications
Car loan applications
How checking your score affects your credit rating
The good news is that checking your own credit score through legitimate services is always a soft enquiry. This means it won't hurt your credit rating at all. You can check your score as often as you like without any negative impact. Checking your own credit score is treated as a soft enquiry and won't affect your credit score. Soft enquiries are generally not treated the same way as credit applications.
Comprehensive credit reporting in Australia
Australia's credit reporting system has evolved to provide a more complete picture of your credit behaviour.
What is comprehensive credit reporting?
Comprehensive Credit Reporting (CCR) means your credit report can include both positive and negative information about how you manage credit. Unlike the previous system, which mainly recorded negative information, CCR includes positive credit behaviour in your credit report.
How CCR benefits your credit score
Under CCR, your credit report now includes:
Positive payment history: On-time payments are recorded and can improve your score over time
Account information: Details about your credit accounts, including limits and balances
Repayment history: How consistently you meet your payment obligations
This additional information helps create a more accurate picture of your creditworthiness, potentially improving your score if you have good payment habits.
Information collected under CCR
CCR captures both positive and negative information:
Positive information:
On-time payment history
Credit account details
Current account status
Negative information:
Late payments (60+ days overdue)
Defaults
Bankruptcies
Court judgments
How often should you check your credit score?
Regular monitoring helps you stay on top of your financial health and catch any issues early.
Recommended checking frequency
Financial experts and ASIC recommend checking your credit score every few months to stay informed and catch any issues early. This frequency allows you to:
Track changes in your financial behaviour
Spot errors or fraudulent activity
Monitor the impact of credit applications
See improvements from better financial habits
Your right to free credit reports
You have the right to get a copy of your credit report for free every 3 months from each of the credit reporting agencies. That means up to 4 free reports per year from each agency.
However, with ClearScore you get ongoing, free access to your credit score, making monthly and even weekly monitoring more convenient.
Ongoing monitoring and alerts
Some services offer additional features:
Email alerts when your score changes
Monthly score updates
Notifications about new credit enquiries
Identity monitoring services
These features help you stay informed about changes to your credit profile without having to remember to check manually.
Track your credit score for free with ClearScore
Your credit score tells the story of your financial reliability, and understanding it is the first step to taking control of your financial future. With ClearScore, you can access your credit score and full credit report completely free, updated weekly, for life.
Here's what you get:
1. See your credit score and report, always free
Access your key credit report data to get a comprehensive view of how lenders see you. Check your score anytime, anywhere, with no hidden fees or charges, ever.
2. Understand what affects your score
Get clear insights into what's helping or hurting your credit score. Track payment history, credit utilisation, account age, and recent searches. See exactly which factors are making the biggest impact on your score.
3. Spot errors and opportunities
Review your credit report weekly to catch mistakes that could be dragging your score down. See all your credit accounts, payment history, and any searches in one place, updated regularly so you're always in the know.
4. Get personalised tips to improve
Receive tailored guidance on how to build your score over time. Whether you're starting from scratch or working to improve an existing score, you'll get actionable steps matched to your situation.
Why choose ClearScore for credit monitoring?
Free forever: Track your score and report with no fees, no trials, no catches
Weekly updates: See changes to your credit report every month, not just once a year, and check your app whenever you want
No impact on your score: Checking your own score won't affect your credit rating
Take control: Understand your financial health and make informed decisions about credit
Your credit score affects everything from mortgage rates to mobile phone contracts. With ClearScore, you can track your progress, spot opportunities to improve, and build the financial confidence to reach your goals.
Check your credit score on ClearScore
Frequently asked questions
Does checking my credit score affect my rating?
No, checking your own credit score doesn't affect your rating. These are called soft enquiries and don't impact your creditworthiness. You can check your score as often as you like without any negative consequences.
How accurate are credit scores?
Credit scores are generally accurate, but they can vary between different credit reporting agencies because they may have different information about you. Scores are calculated using mathematical models based on your credit report data, making them consistent and reliable indicators of creditworthiness.
Can I check my credit score without a bank account?
Yes, you can check your credit score without a bank account. Credit reporting agencies and third-party services base their checks on your credit history, not your banking relationships. You'll need identification documents, but a bank account isn't required.
What should I do if I find errors on my credit report?
If you find errors, contact the relevant credit reporting agency immediately. Provide documentation supporting your dispute and keep records of all correspondence. The agency must investigate within 30 days and notify you of the outcome.
How long does negative information stay on my credit report?
How long information stays on your credit report depends on the type of information and the credit reporting agency. Most negative information remains on your credit report for specific periods:
Payment defaults: 5 years
Bankruptcies: 5 years from the date of discharge
Credit enquiries: 2 years
After these periods, the information automatically falls off your report. Check your report or the agency's guidance for the retention period that applies to you.
Is ClearScore really free to use?
Yes, ClearScore is completely free to use. They provide ongoing access to your credit score and report without any subscription fees. ClearScore makes money by recommending financial products that might suit your credit profile, but using their service costs nothing.
How does ClearScore compare to checking directly with credit agencies?
ClearScore offers a more user-friendly experience with personalised insights and improvement suggestions. While checking directly with agencies gives you official reports, ClearScore provides credit data with additional educational content and easier-to-understand explanations of your credit health. ClearScore's updates occur weekly.
Can ClearScore help me improve my credit score?
ClearScore provides personalised recommendations based on your credit report, including tips for improving your score and suggestions for suitable financial products. However, improving your credit score depends on your financial behaviour, such as making payments on time, managing debt responsibly, and following good credit practices.
Debbie Wine
General Manager for Australia and New Zealand at ClearScore
13 min read
Contents
Key takeawaysUnderstanding credit scores and reportsHow to check your credit score for freeUnderstanding your credit score resultsSoft enquiries vs hard enquiriesComprehensive credit reporting in AustraliaHow often should you check your credit score?Track your credit score for free with ClearScoreFrequently asked questionsHow to check your credit score in Australia
Debbie Wine
General Manager for Australia and New Zealand at ClearScore
13 min read
Contents
Key takeawaysUnderstanding credit scores and reportsHow to check your credit score for freeUnderstanding your credit score resultsSoft enquiries vs hard enquiriesComprehensive credit reporting in AustraliaHow often should you check your credit score?Track your credit score for free with ClearScoreFrequently asked questionsDiscover your credit score for free and take control of your financial future
Key takeaways
You can check your credit score for free in Australia through multiple trusted services without affecting your rating
Regular monitoring helps you spot errors, understand your financial standing, and access better credit offers
Checking your own score is a soft enquiry that won't hurt your credit rating
You have the right to get a copy of your credit report for free every 3 months from each credit reporting agency
Services like banks, third-party platforms, and dedicated apps offer different features for tracking your score
ClearScore provides free ongoing access to your credit report with personalised insights to help improve your financial health
You can check your credit score for free in Australia through several methods: directly with credit reporting agencies, through your bank's app or website, or via third-party services like ClearScore. These checks won't affect your credit rating as they're classified as soft enquiries. Timing varies by provider. Some online services show a score quickly after identity checks, while a free credit report request from a credit reporting agency may take longer to arrive.
Understanding credit scores and reports
Your credit score is a three-digit number that represents your creditworthiness based on your financial history. Think of it as your financial report card. Lenders use it to decide whether to approve your applications and what interest rates to offer you.
What is a credit score?
Your credit score is calculated using information from your credit report. It reflects how you've managed credit in the past, including loan repayments, credit card usage, and any defaults or bankruptcies. The higher your score, the better your creditworthiness appears to lenders should be.
Each credit reporting agency uses its own scoring model. Your score is calculated using information in your credit report, such as:
Payment history
Credit utilisation (how much of your available credit you're using)
Length of credit history
Types of credit accounts
Recent credit applications
What is a credit report?
Your credit report contains the detailed information used to calculate your score. It includes your personal details, credit accounts, payment history, and any adverse events, like defaults or court judgments. This report forms the foundation of your credit score.
Why check your credit score?
Regularly checking your credit score offers several benefits:
Spot errors early: Credit reports can contain mistakes that unfairly lower your score. Regular checking helps you identify and fix these errors quickly.
Understand your financial standing: Knowing your score helps you understand how lenders see you and what credit products you're likely to be approved for.
Track improvements: As you work on your financial health, regular monitoring shows you the positive impact of your efforts.
Prevent identity theft: Unexpected changes to your credit report can signal fraudulent activity.
How to check your credit score for free
You have several options for checking your credit score without paying fees. Each method has different features and benefits.
Check and monitor your credit score for free with ClearScore
Your credit score tells the story of your financial reliability, and understanding it is the first step to taking control of your financial future. With ClearScore, you can access your credit score and access key credit report data, completely free, updated weekly, for life.
Here's what you get:
Access your key credit report data from Experian, giving you a comprehensive view of how lenders see you. Check your score anytime, anywhere, with no hidden fees or charges, ever. ClearScore makes money by recommending financial products that might suit your credit profile, but using the service costs nothing.
Get clear insights into what's helping or hurting your credit score. Track payment history, credit utilisation, account age, and recent searches. See exactly which factors are making the biggest impact on your score.
Review your credit report weekly to catch mistakes that could be dragging your score down. See all your credit accounts, payment history, and any searches in one place, updated regularly so you're always in the know.
Receive tailored guidance on how to build your score over time. Whether you're starting from scratch or working to improve an existing score, you'll get actionable steps matched to your situation.
Checking your score directly with credit reporting agencies
You can request your credit report for free from Experian and Equifax. Some agencies and third-party services also provide a credit score alongside your report.
Equifax provides a free credit score through their MyEquifax service. You'll need to create an account and verify your identity using documents like your driver's licence or passport. Verification is usually completed through government-issued ID checks under the Document Verification Service (DVS).
Experian offers free access through its CreditCheck service, which includes your score and basic credit report information.
Using bank services to check your score
Many Australian banks now offer credit score access as part of their digital banking services:
Commonwealth Bank provides Credit Score Hub through their app and NetBank, powered by Experian data
ANZ offers credit score monitoring through their app, updated monthly
Westpac provides credit score access through its online banking platform
NAB includes credit score information in its mobile app for customers
What information will you need to provide
To check your credit score, you'll typically need to verify your identity with:
Full name and date of birth
Current residential address (and previous addresses from the last two years)
Driver's licence number or passport details
Phone number and email address
In some cases, details about your employment or financial accounts
This information helps the service confirm you're accessing your own credit information and protects against fraud.
How long does it take?
Timing varies by provider. Some online services show a score quickly after identity checks, while a free credit report request from a credit reporting agency may take longer to arrive.
Understanding your credit score results
Once you have your credit score, it's important to understand what the numbers mean and how to interpret your results.
Credit score ranges and ratings
Credit score ranges vary depending on which credit reporting agency is providing the score. For example, an Equifax credit score can be between 0 and 1,200. Your Experian credit score is out of 1200.
Here's how we show you your credit score at ClearScore:
Credit score | ClearScore name |
|---|---|
| Credit score 0 and below | ClearScore name Raise your game |
| Credit score 1 – 299 | ClearScore name Raise your game |
| Credit score 300 – 499 | ClearScore name On the up |
| Credit score 500 – 699 | ClearScore name On good ground |
| Credit score 700 – 799 | ClearScore name Looking bright |
| Credit score 800 and above | ClearScore name Soaring high |
Key factors that affect your credit score
Understanding what influences your score helps you make better financial decisions:
Payment history: Late payments, defaults, and bankruptcies significantly impact your score. Consistently paying on time is the most important factor.
Credit utilisation: Using a high percentage of your available credit can lower your score. Aim to use less than 30% of your credit limits.
Credit mix: Having different types of credit (credit cards, personal loans, mortgages) can positively affect your score when managed well.
Recent applications: Multiple credit applications in a short period can temporarily lower your score.
Account age: Longer credit relationships typically improve your score, showing stability to lenders.
Reading your credit summary report
Your credit report contains several sections:
Personal information: Your name, address, date of birth, and employment details.
Credit accounts: Current and closed credit cards, loans, and their payment history.
Credit enquiries: Recent applications for credit, including both successful and unsuccessful attempts.
Public records: Court judgments, bankruptcies, or other legal matters affecting your credit.
Defaults: Any accounts where you've fallen significantly behind on payments.
Identifying errors on your credit report
Common errors to look for include:
Incorrect personal information
Accounts that don't belong to you
Incorrect payment history
Closed accounts shown as open
Incorrect credit limits or balances
If you find errors, contact the relevant credit reporting agency immediately to dispute the information.
Soft enquiries vs hard enquiries
Understanding the difference between enquiry types is crucial when checking your credit score.
What is a soft enquiry?
A soft enquiry occurs when you check your own credit score or when a company checks your credit for pre-approval offers. These enquiries don't affect your credit score and aren't visible to other lenders.
Examples include:
Checking your own credit score
Employer background checks
Insurance companies reviewing your credit
Pre-approved credit offers
What is a hard enquiry?
A hard enquiry happens when you formally apply for credit, and the lender requests your credit report summary. These enquiries can temporarily lower your credit score by a few points and remain visible on your report for two years.
Examples include:
Credit card applications
Personal loan applications
Mortgage applications
Car loan applications
How checking your score affects your credit rating
The good news is that checking your own credit score through legitimate services is always a soft enquiry. This means it won't hurt your credit rating at all. You can check your score as often as you like without any negative impact. Checking your own credit score is treated as a soft enquiry and won't affect your credit score. Soft enquiries are generally not treated the same way as credit applications.
Comprehensive credit reporting in Australia
Australia's credit reporting system has evolved to provide a more complete picture of your credit behaviour.
What is comprehensive credit reporting?
Comprehensive Credit Reporting (CCR) means your credit report can include both positive and negative information about how you manage credit. Unlike the previous system, which mainly recorded negative information, CCR includes positive credit behaviour in your credit report.
How CCR benefits your credit score
Under CCR, your credit report now includes:
Positive payment history: On-time payments are recorded and can improve your score over time
Account information: Details about your credit accounts, including limits and balances
Repayment history: How consistently you meet your payment obligations
This additional information helps create a more accurate picture of your creditworthiness, potentially improving your score if you have good payment habits.
Information collected under CCR
CCR captures both positive and negative information:
Positive information:
On-time payment history
Credit account details
Current account status
Negative information:
Late payments (60+ days overdue)
Defaults
Bankruptcies
Court judgments
How often should you check your credit score?
Regular monitoring helps you stay on top of your financial health and catch any issues early.
Recommended checking frequency
Financial experts and ASIC recommend checking your credit score every few months to stay informed and catch any issues early. This frequency allows you to:
Track changes in your financial behaviour
Spot errors or fraudulent activity
Monitor the impact of credit applications
See improvements from better financial habits
Your right to free credit reports
You have the right to get a copy of your credit report for free every 3 months from each of the credit reporting agencies. That means up to 4 free reports per year from each agency.
However, with ClearScore you get ongoing, free access to your credit score, making monthly and even weekly monitoring more convenient.
Ongoing monitoring and alerts
Some services offer additional features:
Email alerts when your score changes
Monthly score updates
Notifications about new credit enquiries
Identity monitoring services
These features help you stay informed about changes to your credit profile without having to remember to check manually.
Track your credit score for free with ClearScore
Your credit score tells the story of your financial reliability, and understanding it is the first step to taking control of your financial future. With ClearScore, you can access your credit score and full credit report completely free, updated weekly, for life.
Here's what you get:
1. See your credit score and report, always free
Access your key credit report data to get a comprehensive view of how lenders see you. Check your score anytime, anywhere, with no hidden fees or charges, ever.
2. Understand what affects your score
Get clear insights into what's helping or hurting your credit score. Track payment history, credit utilisation, account age, and recent searches. See exactly which factors are making the biggest impact on your score.
3. Spot errors and opportunities
Review your credit report weekly to catch mistakes that could be dragging your score down. See all your credit accounts, payment history, and any searches in one place, updated regularly so you're always in the know.
4. Get personalised tips to improve
Receive tailored guidance on how to build your score over time. Whether you're starting from scratch or working to improve an existing score, you'll get actionable steps matched to your situation.
Why choose ClearScore for credit monitoring?
Free forever: Track your score and report with no fees, no trials, no catches
Weekly updates: See changes to your credit report every month, not just once a year, and check your app whenever you want
No impact on your score: Checking your own score won't affect your credit rating
Take control: Understand your financial health and make informed decisions about credit
Your credit score affects everything from mortgage rates to mobile phone contracts. With ClearScore, you can track your progress, spot opportunities to improve, and build the financial confidence to reach your goals.
Check your credit score on ClearScore
Frequently asked questions
Does checking my credit score affect my rating?
No, checking your own credit score doesn't affect your rating. These are called soft enquiries and don't impact your creditworthiness. You can check your score as often as you like without any negative consequences.
How accurate are credit scores?
Credit scores are generally accurate, but they can vary between different credit reporting agencies because they may have different information about you. Scores are calculated using mathematical models based on your credit report data, making them consistent and reliable indicators of creditworthiness.
Can I check my credit score without a bank account?
Yes, you can check your credit score without a bank account. Credit reporting agencies and third-party services base their checks on your credit history, not your banking relationships. You'll need identification documents, but a bank account isn't required.
What should I do if I find errors on my credit report?
If you find errors, contact the relevant credit reporting agency immediately. Provide documentation supporting your dispute and keep records of all correspondence. The agency must investigate within 30 days and notify you of the outcome.
How long does negative information stay on my credit report?
How long information stays on your credit report depends on the type of information and the credit reporting agency. Most negative information remains on your credit report for specific periods:
Payment defaults: 5 years
Bankruptcies: 5 years from the date of discharge
Credit enquiries: 2 years
After these periods, the information automatically falls off your report. Check your report or the agency's guidance for the retention period that applies to you.
Is ClearScore really free to use?
Yes, ClearScore is completely free to use. They provide ongoing access to your credit score and report without any subscription fees. ClearScore makes money by recommending financial products that might suit your credit profile, but using their service costs nothing.
How does ClearScore compare to checking directly with credit agencies?
ClearScore offers a more user-friendly experience with personalised insights and improvement suggestions. While checking directly with agencies gives you official reports, ClearScore provides credit data with additional educational content and easier-to-understand explanations of your credit health. ClearScore's updates occur weekly.
Can ClearScore help me improve my credit score?
ClearScore provides personalised recommendations based on your credit report, including tips for improving your score and suggestions for suitable financial products. However, improving your credit score depends on your financial behaviour, such as making payments on time, managing debt responsibly, and following good credit practices.
Debbie Wine
General Manager for Australia and New Zealand at ClearScore
13 min read
Contents
Key takeawaysUnderstanding credit scores and reportsHow to check your credit score for freeUnderstanding your credit score resultsSoft enquiries vs hard enquiriesComprehensive credit reporting in AustraliaHow often should you check your credit score?Track your credit score for free with ClearScoreFrequently asked questions