There are 3 major credit bureaus in the US (Equifax, Experian and TransUnion), but they have a centralized credit report request website AnnualCreditReport.com where consumers can order a free copy of their personal credit report every year.
Australia also has 3 major credit reporting agencies (Veda Advantage, Dun & Bradstreet, and Tasmanian Collection Service), but, unlike in the US, you will have to contact each agency and ask for your credit report (or credit file).
How do I get my credit report in Australia?
Veda Advantage and Dun & Bradstreet will send your credit report free of charge within a couple of weeks of your request. If you pay a fee, they'll speed up processing - but it's an unnecessary expense for most people. For those in Tasmania, the Tasmanian Collection Service appears to charge a fee for their credit report unless your request relates to a refusal of credit or the management of your credit arrangements.
To get your credit report, you will need to write to:
Veda Advantage Public Access
PO Box 964, North Sydney, NSW 2059.
Fax: (02) 9951-7880.
** Check their website for a list of information you need to include in your letter or fax **
Dun & Bradstreet (Australia)
Public Access Centre, PO Box 7405, St Kilda Road, VIC 3004.
Fax: (03) 9828-3447.
** You will need to send this application form to the above address. **
Tasmanian Collection Service
GPO Box 814H, Hobart, TAS 7001.
Phone: (03) 6213-5555.
Fax: (03) 6234-2988.
** Their website says that you will need to include any applicable fee and a copy of an acceptable photo ID **
Why should I check my credit report?
You should check your credit report to make sure that all information in the report are accurate. You should notify your credit provider and the credit reporting agencies if there are any mistakes. Those mistakes may negatively impact your credit score, which may increase your credit interest rates and the probability that you will be denied credit in the future!
There is also the growing problem of identity theft, both in Australia and around the world. If you see any unauthorized use of your credit in your credit report, you might be a victim of identity theft. So check your credit report regularly and protect your financial identity.
- Office of the Privacy Commissioner: How do I get a copy of my credit report?
- ASIC: FIDO: About financial products: Your credit report.