Do credit scores matter when you’re investing?

So, we all hear about credit reports - but what exactly are they, and do they make a difference in your investing journey? The guys sit down and discuss what a credit report is, and how it plays a crucial role in helping lenders decide whether to grant credit or loans.There is no single credit score used by lenders or consumers; rather, Australia's three main credit reporting agencies, Equifax, Experian, and Illion, each generate their own scores based on the data in an individual's credit report. Both Bryce and Alec check out what their scores are and compare notes about what they discover!

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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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Get Started Investing is a product of Equity Mates Media.

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