WeMoney provides tools and resources to help you understand and improve your credit score over time.
Use WeMoney to track your progress
Within the WeMoney app, you can:
Track your credit score with free monthly updates from both Equifax and Experian
View detailed credit factors that impact your score
Monitor your financial health by connecting all your accounts in one place
Set budgets and track spending to maintain good financial habits
Use goals to stay focused on paying down debt
Understanding what impacts your score
To see the specific factors affecting your credit score:
Tap Score on the bottom menu bar
Scroll down to view Credit factors
Review information that contribute to your credit score
This breakdown helps you identify areas for improvement and develop a plan to reach your financial goals.
Detailed tips and strategies
For comprehensive guidance on improving your credit score in Australia, check out our blog post: https://www.wemoney.com.au/blog/how-to-improve-a-credit-score-in-australia
The average WeMoney member improves their credit score by 63 points within 9 months of joining by tracking their finances and making informed decisions.