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Credit Genie eradicates black marks, wrongfully listed or unlawful defaults, and court judgments from your credit file. We facilitate reliable credit repair solutions so that you can reclaim financial flexibility.
Our priority is to repair your credit score so you have access to the financing you need and deserve. Take control today with Credit Genie!
Your credit score and credit report in Australia contain important information about your credit history, including your credit accounts, credit applications, defaults, and payment history. This information is used by various parties to determine your creditworthiness and assess your risk level when you apply for credit, insurance, rental property or employment.
Credit providers, such as banks, lenders, and credit card companies, will typically check your credit score and report when you apply for credit. They will use this information to assess your ability to repay the loan or credit card balance and determine the interest rate and credit limit for your account.
Landlords and real estate agents may also check your credit score as part of a rental application process. They use this information to assess your ability to pay rent on time and determine your suitability as a tenant.
Employers may check your credit score as part of a pre-employment screening process, particularly if you are applying for a role that involves handling finances or sensitive information. They use this information to assess your financial responsibility and level of risk.
Insurance companies may also use your credit score to determine your risk level and calculate insurance premiums. They consider a high credit score as an indicator of financial responsibility and a lower risk of making a claim.
Certain government agencies may access your credit score and report as part of an investigation or regulatory compliance. This includes bodies like the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA), and the Australian Transaction Reports and Analysis Centre (AUSTRAC).
It’s important to note that access to your credit score is regulated by the Privacy Act 1988, and credit providers and other parties must have a valid reason for accessing your credit file. You have the right to access your credit report and request corrections if you believe there are errors or inaccuracies. Additionally, you can check who has accessed your credit report by requesting a copy of your credit file from a credit reporting agency.
These include banks and credit unions, such as Commbank, St George, ANZ, NAB and Westpac.
These include Visa, American Express, MasterCard and others.
For finance on new, used and refinanced car loans.
This can include accountants and solicitors.
For a government license or benefit (if the agency is required to consider your financial status)
Usually can only look at your name, address, former addresses, and current and former employers.
Learn how to repair your credit, improve your credit score, budget wisely and create a more positive financial future.
