How to clear my credit history?

How to clear my credit history?

Key message

  • You’ve got a straight to have inaccurate informative data on your credit history corrected totally free
  • Significant changes to your information which can be included in your credit file happened on 12 March 2014.

Am I able to have errors corrected within my credit history?

Yes. The Privacy Act 1988 (Cth) states that you’ve got the straight to get yourself a modification in your credit file for almost any inaccurate, out-of-date, incomplete, unimportant or deceptive information. This can be done cost-free.

How do I uncover what is in my own credit file?

Credit reporting bodies produce and hold credit history. Credit bodies that are reporting: Equifax (previously Veda Advantage), Dun & Bradstreet and Experian Credit Services Australia.

You will find range methods to discover what is in your credit history. The right is had by you:

  • To acquire a copy that is free of credit file. a credit scoring body cannot fee with this, in the previous 12 months unless you obtained a copy of your credit report from them;
  • To have a copy that is free of credit history within 3 months of getting a credit card applicatoin for credit refused;
  • The reason for a loan refusal to be informed by a credit provider.

Just exactly just What laws and regulations use?

The Privacy Act 1988 (Cth) put down the legislation pertaining to information held in regards to you on your own credit file. Continue reading “How to clear my credit history?”