Credit cards can be an excellent way of building a strong credit history, as long as you stay on top of your payments.
Identity theft can occur to anyone - at its core, it involves the perpetrator masquerading as someone else in order to steal money or access other personal details.
For anyone juggling payments and bills from various essential service providers, from electricity and phone connections to rent or a mortgage, getting on top of their credit score may feel like a looming goal. However, with a few changes, you can begin to repair an unfavourable credit report.
There are number of reasons why a lender may decide to decline your credit application. When you first apply for credit, credit providers such as lenders, phone or utilities companies can check your credit history alongside the information you have provided as part of your application process.
Assure compliance with new regulatory changes.
The AML/CFT Act introduces new obligations on some companies and these changes come into effect from 30 June 2013.