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.

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.

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

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.

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…