How can I avoid defaults or black marks on my credit report?

Here are some simple tips to help avoid a default:

1. Pay your bills on time – set up direct debits or schedule repayments for your pay day
2. Keep track of your credit commitments – do your research before you apply and only apply for credit when you really need it
3. Notify credit providers when you move address
4. If you are struggling to make repayments speak to your credit provider
5. Get a copy of your Equifax credit report and Equifax Score. Don’t be scared to find out what’s on it as it ultimately could save you money