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Franchise broker launches free credit score service

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Australian Broker | 11 Mar 2015, 07:14 AM Agree 0
A mortgage broking franchise has teamed up with a credit agency to launch a new site giving Australians free access to their credit score
  • Michael Kent | 11 Mar 2015, 08:44 AM Agree 0
    And what is the REAL motive here? I can imagine the details the consumer will have to give to get a free credit report. Once given can you imagine the amount of junk mail you will receive and the amount of calls.

    The fact that CBA/Aussie will also know who has a good credit file and who doesn't means they can pick and choose who they target.

    Clever but please don't make it look like you're doing the consumer a massive free favour. CBA/Aussie is obviously petrified that when Coles start doing home loans they will make a serious dent in the market.

    They are trying to take as much of that market away whilst they still can.
  • Michael | 11 Mar 2015, 09:59 AM Agree 0
    Very clever from these innovative guys.
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