Turn over a new leaf and repair your broken credit score
Are you scrupulous about making loan repayments and settling accounts on time or does your personal finance history feature a string of overdue notices or the odd unpaid debt?
If you answered yes to the latter, the dawning of a new financial year may be an opportune time to mend your imprudent ways.
But how difficult is it to rehabilitate your credit record once it’s been tarnished by evidence you’re a poor payer?
Impossible in the short term, says Richard Evans*, 35, the owner of a Sydney advertising agency.