credit file Archives - Credit Simple

What exactly is in your credit file?

19 November 2018

Australians are making credit card purchases now more than ever. In 2017, there were over 16 million credit cards in Australia, and Australians spent a total of $315.6 billion using credit cards. Needless to say, credit is a popular topic. However, it’s also something many Australians stress about regularly. Understanding what information is in a credit file can answer many questions related to credit woes, and Credit Simple is here to help. The good That’s right—there can be positive information…

Want a clear score? Knowledge is power. Make sure you know your credit terminology

By: Credit Simple

2 July 2018

Credit card usage has become ubiquitous worldwide, even among those who want to get a clear score. In Australia alone, we have accrued around $32 billion in credit card debt to date. Statistics also show that from 2010 to 2017, the average credit card purchase went up from eight purchases a month to 13. With the increase of credit card usage in Australia, there has also come additional stress. The Australian Securities and Investments Commission (ASIC) conducted a survey about…