FREE Monthly Credit Score (Experian) @ Credit Savvy
Last edited 04/02/2017 - 21:22 by 1 other user
There's been a lot of credit card deals lately. An average OzBargainer would probably apply for one just to get the points, cancel it and then move onto the next. Would it hurt their credit score?
On Credit Savvy, you can get a monthly credit score for free. It's basically a lender's risk assessment based on your credit application history, and they provide you a score and a rating (eg. below average, okay, good, very good and excellent).
You can use this tool as a guide to decide whether it's a good time to apply for another card with success or maybe you should wait around a bit in case you get rejected.
Experian and Veda only provide you a free credit report once a year otherwise they charge you. That's why I think this is a great deal! Also I've been using this for almost a year and nothing dodgy has come out from it.
Basically you can:
- Find out your Expedian credit score
- See the contents of your credit report ie. a list of credit enquiries and if applicable: defaults, serious credit infringements, bankruptcies and court judgements.
- See a history of your credit score.
- Compare yourself against others in Australia, your State, your Postcode, the same age or the same gender.
As other users have pointed out, Get Credit Score is another free tool which I have posted as a separate deal. Credit Savvy provides you an Experian score while Get Credit Score provides you a Veda score. Majority of credit companies use either systems or both for risk assessment.
You can use both tools to better evaluate your borrowing power.
You can use my referral link if you like. Originally I just wanted to share this deal but then I realised that there's also a competition for referring the most people. I may be able to win $1000 EFTPOS gift card. Your help is appreciated ;)