Whether you call it CCR (Comprehensive Credit Reporting), or Positive Reporting, or you’ve just read something in the press that’s made you go “Hang on, is my credit report going to change?” – the bottom line is that there are changes coming to Australia’s credit reporting system that you should know about.

What’s happening?

As a result of changes to the Privacy Act, your credit file can now include a lot more information about your credit history. Previously, your credit file didn’t have information on credit limits, repayment history or account open and close dates, which means the information on you has been relatively limited (or ‘negative’) – this is about to change.

How could this help me?

Let’s say you always repay your credit cards or mortgage on time. Previously, your credit file wouldn’t show this – it’d only show when things got bad i.e. you defaulted on a payment or went bankrupt. Now, if you apply for a loan, a lender that performs a credit check can see that you’ve paid everything on time for the past 2 years!

Likewise, if you ended up closing a credit card, it will also be reflected on your credit file for 2 years afterwards, which again helps lenders get a clearer idea of your credit profile.

So how do I get ready for comprehensive credit reporting?

  • Your repayment history is going to count, so make sure you pay everything on time. Consider setting up direct debits to make sure you never miss a payment.
  • Always do your homework before you apply for credit and only apply when you really need it. Your account open dates are going to be on your credit file.
  • Monitor your free credit score and credit report regularly to check your progress
  • Keep an eye out for fraudulent entries on your credit file


There you have it. We hope that’s given you a good start in getting your credit score in shape for CCR!

Check out our handy ‘What is CCR’ infographic here >

Have any questions about comprehensive credit reporting? Let us know in the comments below.



  1. Sophia de Avalon Reply

    Thanks for an easy request system and rapid response.

  2. When dose this new credit system apply as my rating has been 698 for last 6 months hasnt moved id like it to as paid everything off in advance

    • Hi Michelle, good question! The changes to the Privacy Act were legislated in 2014, however as it is a voluntary system it is being gradually adopted by lenders. At this point there is no hard and fast deadline, but we encourage our members to prepare for the changes now as they will take into account past credit behaviour eg. 2 yrs of repayment history.

  3. Awsome thats great but when will my credit score change its been 698 for last 5 months

  4. This will help me, I have almost no debt, paid everything off on time, but because I’ve applied 14 times for loans my credit rating is 456. Current system is flawed.

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