Today saw the new Credit Reporting Rules come into effect in Australia. These new rules bring a change to how your credit history is reported and how much information is included in the reports. To better understand how these changes may affect you, we recommend you take some time to read the information on these pages of the Office of the Australian Information Commissioner’s website:
Privacy Fact Sheet 16: Credit Reporting – Payment History Information
Please contact us if you need any matters clarified or have any concerns about the information we collect. Our Privacy Policy is available on our website, or we can provide our clients and potential clients with a copy on request.
Phillip Dibben is an MFAA Approved Credit Adviser, including SMSF lending, and is an Authorised Credit Representative with Riverland Lending Services Pty Ltd, ABN 37 1415 814 080 ACL 391835, and is licensed to provide advice in all consumer and business loans including equipment finance. All loans are subject to lending and approval criteria.
Phillip Dibben is also a financial adviser at Active Financial Management. Active Financial Management and its advisers are Authorised Representatives of Fortnum Private Wealth Pty Ltd ABN 54 139 889 535 AFSL 357306 trading as Fortnum Financial Advisers.
This information does not consider your personal circumstances (including taxation) and is of a general nature only. You should not act on the information provided without first obtaining advice specific to your circumstances.