Equifax Basic™

Our basic plan includes monthly access to your Equifax credit score and a basic overview of your credit history. For enhanced features and more detailed insights, consider upgrading to our Equifax Family & Friends or Equifax Credit Report & Score plan.

No, checking your own credit score is considered a soft search and does not affect your credit score. Only a hard search, such as those made by lenders when you apply for credit, can have an impact on your credit score.

With Equifax Basic™ your credit score is updated monthly upon login. Most lenders report to credit bureaus on a monthly basis, but the exact reporting dates can vary by provider. As a result, there’s no single day when all updates occur. If you require a service where your credit score updates more frequently then you can use Equifax Credit Report & Score credit score, which is updated daily upon login.

What is considered a good credit score can differ between credit reference agencies (CRAs) and lenders. Your Equifax Credit Score is between 0-1000 and is calculated using information within your credit report. This gives you an indication of how lenders may view your creditworthiness. A variety of factors can affect your credit score, such as making payments on time and a history of credit repayment.

Credit scores are calculated by credit reference agencies (CRAs) using a points system based on the information found in your credit report. This report reflects your past and present financial behaviour, including how well you manage debts and bills. Factors like payment history, your used vs available credit, the length of your credit history, and how many hard credit searches have been authorised over a period of time, are all considered when your credit score is calculated.