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Your credit file is a breakdown of everything finance providers and utility companies need to know to assess whether you are eligible for their services.

Baffled by all the different credit terms? Here’s a quick guide to what they mean:

Whenever you apply for credit—whether it’s from a bank (even if you’re an existing customer), a personal loan company, or for a credit card—a new credit check is made.

There are a number of factors that go into calculating an individual interest rate. A key one is your credit score, which is based on your credit history — how you've managed credit in the past.

Harmoney was one of the first companies in New Zealand to use positive credit reporting in our application process.

It’s a simple formula: the higher your credit score, the lower your risk of defaulting—at least in the eyes of lenders.

Here are answers to some common questions around the things that can impact your credit score.

If you’re thinking of transferring a personal loan to your mortgage, we’d suggest doing some maths homework first – to make sure it really is the best financial decision.

Does it already feel like your holiday was months ago? January can be a mixed blessing. The weather’s great, but you’re trapped inside at your desk. Maybe you're stuck in endless planning meetings, feeling overwhelmed by everything the year ahead is promising.

The Debt Circuit‑Breaker “It just got to the point where we thought – what are we doing?We both work five days a week, we work hard, but...

You’re not alone In today’s world, juggling multiple debts is more common than you might think. From credit cards and personal loans to...

Your credit file is a record of your credit history - the good and the bad.

An issue in your credit file could be a reason your application was declined. Fortunately, you can check your credit file by contacting either of the following credit reporting bodies free of charge within 90 days of the decline date.

A credit score is a relationship you have for life — or at least from the moment you open your first credit account — and we all have to start somewhere.

If you're trying to improve your credit score, you could be doing it all wrong. Here are five common misconceptions about credit scores and how you can avoid making avoidable mistakes.

It’s important to remember that your credit score is more than an abstract number. our score tells your credit story - are you reliable, in control and likely to pay your debts on time? Credit scores matter.

Credit score. Two small words with the potential for a big impact on your financial plans. Let’s go back to basics. Here’s a beginner’s guide to credit scores, so you can try to make sure yours is in the best possible shape.

For lenders your credit file will generally have more influence over your loan application than your credit score.

So you’ve gone ahead and found out your credit score from one of New Zealand’s three credit reporters. Well done.

Do you know your credit score? Do you know the difference between your credit score and credit file? Do you know what a defaulted payment is? Can you name two things that might…