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How do I improve my credit score?

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There’s no way around it – your credit score is used by a lender to determine your ability to pay back a loan. How do you find your credit score, what does it mean – is it good or bad – and how do you improve it? 

For answers, we hear from the Bongiorno Group’s Senior Financial Consultant Mark Bremner and Director Ricky Caldow. They caution against quick fixes for bad credit ratings.

To find you own credit score, go to:
https://www.creditsmart.org.au/ 

You’ve been listening to The Money Doctors, proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria and the Australian Dental Association Victorian Branch.

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

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