Do you know your credit score?

If you’ve heard the term ‘credit score’ but don’t know your own, it’s time to find out, because it’s one of the most vital parts in determining your financial health.

Many people think that a credit score only really matters when it comes to being approved for a loan or credit card, but it goes far beyond that. Judged on your past history, your credit score can follow you forever and can significantly impact your future options when it comes to financial institutions.

To help break down the basics of understanding how your credit score is determined, we’ve created this simple infographic.


How is your score calculated?

Your credit score can be affected by a range of factors, including:

how is your credit score calculated


Who looks at your credit score?

These are just some of the places:

who looks at credit score


Your credit score is important. Many lenders use it to understand your past credit profile

It has the ability to:

credit score limitations


4 Facts on Defaults

facts on defaults


Credit Scores by Numbers

credit scores number


Still unsure on how to find out your credit score rating? You can obtain it free from a credit reporting bureau. Find out yours now.

If you would like to discuss your personal credit score and it’s impact on your future borrowing, please contact one of our members from the Allan Hall Finance Team who would be more than happy to assist.

Allan Hall named finalist in numerous firm-wide categories

Allan Hall Business Advisors continues to impress with individual, network and firm-wide awards and accolades, with our latest nomination as winner of the Client Choice Awards 2020, Women in Finance Awards 2019 and HR Manager of the Year 2019. For further details and a full list of our recent awards, click below.

Global alliance focussed on business excellence

Allan Hall Business Advisors is an integral member of Alliott Group, a growing alliance of 170+ accounting and law firms inĀ  across 70+ countries globally. As part of this alliance, we can connect with like-minded members of Alliott Group in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally.