Budget Bootcamp.
Week 2.


Bonus activity: Find your credit score.


Remember how you used to get grades at the end of every term? And the better your grades, the more chance you had of scoring a gift from your folks?

Well, that’s kind of what a credit score is.

It’s a number based on your credit history that lenders and banks take into account before deciding whether to lend you money.

Higher score = more creditworthy.

So, how’s it worked out?

  • Your age
  • Your loans
  • The number of applications you’ve made
  • The type of credit accounts you’ve held
  • Your usual repayment amount/s
  • Whether you repay on time
  • If you’ve had a bankruptcy/personal insolvency agreement.

Now here’s the good news. Your credit score is dynamic. If you become a model citizen and make your bills and loan repayments on time, it will skyrocket into the good range and the lenders will come running.

Visit ASIC MoneySmart to find out your credit score.

Your week 2 activities.

Bonus activity.

Find your credit score.

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Managing Money.

Life is easier when you have a plan. How you spend and save your money can affect your life and lifestyle now and in the future.
Find Out More.

Managing debt.

Whether your debt is small or large it needs to be managed.  We’ve got some tips to help you put together a repayment plan.
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This information has been provided without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs.

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