Your credit score (Equifax Score) is a number between 0-1200 that summarises the information on your credit report.
Your credit score is calculated based on the information held on your credit report at a given point in time.
Generally, the higher your credit score, the better your credit profile. Banks and other lenders can use credit scores to as part of determining whether an applicant qualifies for a loan. Your credit score can also play a part in the terms of the loan including the borrowing limit and the interest rate.
My Credit File from Equifax does not include a credit score.
You can visit Equifax and choose from a range of products that include your credit report, credit score and additional features to help manage your credit profile and protect your identity.
Find out more about Credit Reports, Scores and Credit Alerts.
You can also get a copy of your Equifax credit report for free.
From 30 November 2018 the Equifax My Credit Alert service is no longer offered to new customers.
If you’re an existing customer you will still receive the benefits of ongoing credit alerts via email when certain changes occur on your Equifax credit report, as well as a copy of your Equifax credit report once a year. This service is automatically renewed each year for the cost of $79.95. You can cancel at any time and receive a pro-rata refund for the number of full months remaining of your subscription as at the date of termination. The terms and conditions for the My Credit Alert services are available here.
If you’d like to upgrade to one of our monthly subscription product packages where you can access your credit report, get credit alerts and more within a secure online portal you can find out more at Equifax.com.au.