CC churning - equifax scores

[burmans]

What a painful registration process....

What can I say, they want to make the free score difficult and the paid one easy. That's capitalism for you.

 

[mviy]

Will be interested to see if my score improves in a month or two as my old applications age further.

 

[andye]

Citi have submitted my ontime repayments to creditsavvy resulting in a jump from 752 to 810. NAB are listed but no repayment info yet

Mrs andye has repayment info from HSBC, Citi (Virgin) and Citi (Coles). No July update yet

 

[mviy]

My equifax score is unchanged this month. Hoping positive repayment history and/or applications getting older will lead to a score increase soon.

 

[Skyhawk]

Are all mortgages now showing up on credit reports?

 

[Dr Ralph]

Are all mortgages now showing up on credit reports?

Not for me.

 

[burmans]

Are all mortgages now showing up on credit reports?

Not yet, but it seems to be just a matter of time. Maybe EOY or early next year.

 

[mviy]

My mortgage applications show up on my report. As for month by month history of making the minimum payment on time I haven’t seen that yet.

 

[Skyhawk]

My mortgage applications show up on my report. As for month by month history of making the minimum payment on time I haven’t seen that yet.

Do you mean recent mortgage applications since CCR has been mandated? Or longstanding mortgages?

 

[mviy]

Well they were recent enough to be on my current credit report (applications made a long time ago would drop off reports in the past) but they were made before CCR was mandated.

I expect it'll only be a matter of time before I see month by month whether the minimum repayment has been made on time similar to how some credit cards are now being reported.

 

[TomVexille]

Well they were recent enough to be on my current credit report (applications made a long time ago would drop off reports in the past) but they were made before CCR was mandated.

I expect it'll only be a matter of time before I see month by month whether the minimum repayment has been made on time similar to how some credit cards are now being reported.

IIRC the big 4 are required to be contributing all that data by mid 2019

 

[Aus ATC]

I recently had 2 hits from HSBC, 4 days apart, for the same application, and my score has taken quite a dive (via Credit Savvy). Is it worth having one of the enquiries removed from my credit file and would this likely result in an (upwards) recalculation? Who should I contact to have this corrected? Thanks.

 

[mviy]

You need to be able to demonstrate that you've taken the issue up with the bank and tried to resolve it with them as the first step.

 

[Skyhawk]

I had a similar situation with another bank recently. I asked them to fix it and they did so.

 

[aerotravel]

Has anyone seen repayment info from Amex? Do they contribute to Credit Savvy?

I can see enquiries only there so far.

 

[benjy]

Has anyone seen repayment info from Amex? Do they contribute to Credit Savvy?

I can see enquiries only there so far.

No Amex repayment listed on reports so far for me

 

[burmans]

Amex were one of the first to report but seem to have stopped doing so!

 

[blueythecat]

Yeah nothing on mine from Amex

 

[sevenfourtyseven]

How quick should I expect a query from Westpac to appear? Straight away after file has been queried?

 

[Dr Ralph]

How quick should I expect a query from Westpac to appear? Straight away after file has been queried?

Not sure I understand.

Do you mean how long after making an application will this appear on your credit file?