It’s a common question – if you’ve never had a loan or credit card, how can you have a credit file? The answer is that your file is built up over time as we receive information about you from various sources. This can include things like an inquiry you made to a credit provider, a business directorship, or default judgment information. As long as we have some data points to work with, we’ll be able to develop a credit file for you. So even if you’ve never had formal credit before, it’s likely that you still have a credit file.

When we first get information about you, such as an inquiry you made to a credit provider, a business directorship, or default judgment information, we’ll develop your credit file.

Remember, credit isn’t only available from banks and financial institutions. Any firm that provides terms of at least seven days for payment may be a credit provider, including mobile phone, electricity, and gas suppliers. These businesses can obtain access to your credit file with your consent as part of the evaluation process for a specific service.

Having a good credit score is important if you want to be able to access finance easily. Many people are curious about whether or not they will have a credit file if they have never gone for finance before. The answer is that if you have never gone for finance, you may still have a credit file. This is because we develop your credit file based on information they have about you, such as inquires you have made to credit providers, business directorship, or default judgment information. If you have defaults or negative listings on your file, this can weigh down your credit score and make it more difficult for you to obtain finance. However, at Credit Repair Ausvengers, we can help you improve your credit score by removing defaults from your file. This gives you a chance to obtain the finance you need!

Contact us today and get started with the clear credit process!