More than just a score

A credit report is a detailed record of your credit history. It includes information about your credit accounts and past payments, among other things. Lenders use this report to assess your creditworthiness for things like new credit cards, loans or mortgages. Doing a credit check is an important step towards understanding your credit history.

Your Equifax Credit Score is between 0-1000 and is calculated using the information within your credit report. A variety of factors can affect your credit score. These include timely payments, credit utilisation, new credit accounts, and your history of credit repayment.

Credit scores can change whenever new information is added to your credit report. This can happen any time a creditor reports something about your account. Therefore, your credit score can technically change as frequently as daily.
Your Equifax Credit Report will refresh when you log on, a maximum of once a day, to reflect any changes to your credit information.

Yes, checking your own credit score is considered a "soft inquiry" and does not affect your credit score. However, "hard inquiries", which is when a lender checks your credit due to an application for credit, may impact your score.

You can improve your credit score by making timely payments, reducing the amount of debt you owe, not opening unnecessary new credit lines, and regularly checking your credit reports for accuracy.
Equifax Report and Score makes taking control of your credit report and scores easy and straightforward. Get your free credit score and free credit check today.

Most negative information, like late payments, will stay on your credit report for seven years. Some serious negative information, such as certain bankruptcies, can stay on your report for up to 10 years.