There is a whole lot of confusion involved when it comes to credit scores in Australia - do they matter? Can they impact your ability to receive a home loan? Do you need a credit card to help you build a credit score? Today we shed a little light on this rather befuddling topic and we promise by the end you’ll feel completely confident when it comes to credit.

Keen to check your score? Have a look at Experian, Illion or Equifax!

Feeling overwhelmed and want to talk to a financial counsellor? Call the National Debt Helpline on 1800 007 007 or visit their website.

The advice shared on She’s on The Money is general in nature and does not consider your individual circumstances. She’s on The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. Victoria Devine is an Authorised Representative of Australia Pacific Funds Management Proprietary Limited ABN 34 132 463 257 - AFSL 339151.