https://getcreditscore.com.au

[cove]

My score seems to have been lowered by putting large amounts thru credit cards each month even though I pay them to zero each month.
Funny thing is I do the same in the US and I am 40 points off perfect over there.

 

[amaroo]

My score seems to have been lowered by putting large amounts thru credit cards each month even though I pay them to zero each month.
Funny thing is I do the same in the US and I am 40 points off perfect over there.

The yanks let their people walk away from debt.

 

[PLANT]

How many boxes on the website are required to be ticked?
The first and third?

 

[whatmeworry]

The yanks let their people walk away from debt.

Quite easy when the yanks just keep printing money...

 

[PLANT]

Well have to tick first and third.
Used Passport and NOT IN SYSTEM??????
My friends are right...I'm out of this world

 

[medhead]

Does actual checking lower your score?

The website claims they do a "soft" check that doesn't change the score. Draw your own conclusions.

 

[jlien]

Got curious and visitted the site again during lunchtime, it said down for maintenence (figures)
Came back about 20 mins ago and they've done some updates to the address field.

This time they were able to find me, and the score reported was one and the same as the one I get directly from veda.
Curiosity satisfied, won't need to go back again.

 

[TheRealTMA]

Curiosity satisfied, won't need to go back again.

No need. The Nigerians now have all your details...

 

[burmans]

The website claims they do a "soft" check that doesn't change the score. Draw your own conclusions.

If you read the T&Cs you are authorising them to do this on your behalf (as the one per year check) so this is probably true (self checks don't appear on your report) but do you really want them having this info about you?

 

[burmans]

My score seems to have been lowered by putting large amounts thru credit cards each month even though I pay them to zero each month.
Funny thing is I do the same in the US and I am 40 points off perfect over there.

The US does have a working Comprehensive Credit Reporting system, we don't! Simple as that, Comprehensive Reporting is not yet in operation here in Australia.

 

[ukh]

My score seems to have been lowered by putting large amounts thru credit cards each month even though I pay them to zero each month.
Funny thing is I do the same in the US and I am 40 points off perfect over there.

I am in a similar situation - many cards, over $500,000 limit, all paid off every month.
It rated me as excellent (score 829) . Without knowing specific criteria used, the score means little.

 

[Timtammi]

I think the changes with the address searching did the trick, its found me now. Showing as excellent which is what I expected but you never know!

 

[burmans]

Without knowing specific criteria used, the score means little.

How is my VedaScore calculated? | Your Credit and Identity

 

[Beta4Me]

Interesting that my score with this is higher than my recently issued VedaScore. Go figure :S

 

[LittleFokker]

Hmm. 450.. Maybe I overdid the Westpac. Commonwealth Bank, Citibank, ANZ and Bankwest CC promos over the last 4 months? Still, half million FF points might be worth a stuffed credit rating?

 

[ukh]

How is my VedaScore calculated? | Your Credit and Identity

still rather vague. Does not explain to me why I did not get 700, or 1100....

 

[Beta4Me]

Hmm. 450.. Maybe I overdid the Westpac. Commonwealth Bank, Citibank, ANZ and Bankwest CC promos over the last 4 months? Still, half million FF points might be worth a stuffed credit rating?

I hope you don't want major secured credit any time soon! I'm in the same boat, though, with 504. I wanted to get the max credit limits I could before the more comprehensive credit reporting kicks in fully (plus bonus points never hurt), so I have. That, combined with never having applied for any personal credit other than credit cards and the short history on my credit file due to age, has rested in my low score. It'll ascend over time though

 

[DaveB]

Far from perfect system with credit card limits and income levels having a heavy weighting over assets and card balance history.
Thought my rating was fair though bemused that the better half had a 40 odd point higher rating despite only earning income through the family trust's part ownership of our business in recent years.
Would highly recommend those running their own business (assuming they are going well) submit company financials every couple of years to D&B and Veda.

 

[cove]

I am sitting here tonight with Mr 822. He did surprise us by saying 882 but we had a better look to see the real score. The score was a bit fuzzy after the champagne.

 

[burmans]

still rather vague. Does not explain to me why I did not get 700, or 1100....

Yeah, funnily enough credit scoring people are a bit funny like that. They dont give out information that can be used to game the system because history has told them that some people will just use it to, well, lets say game the system.