The Savings Tip Jar

95: Do credit scores really matter? With Elsa Markula from CreditSmart


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This week we had Elsa on to discuss the all important topic of credit scores. She told us it's not necessarily the score that matters but what's in the report. You can download them for free once a quarter from the likes of illion, Experian, and Equifax and in it you'll see not just credit items but also interesting things like your phone plans, energy, internet and so on. Elsa said it's important to look at it every so often because if there's a discrepancy or a fraud, it could affect your ability to get credit in the future. So, raise those flags ASAP!

We also spoke to Alexi Falson, resident motoring journalist on the importance of depreciation, as well as a market update on electric vehicles.

Plus all the latest news and savings tips of course.

00:00-01:54 - Intro

01:54-06:20 - Savings Tips - Reconsider Fine Dining, and Cashback Debit Cards

06:20-09:42 - Property prices bounce in February

09:42-12:20 - ING cuts savings rate by only 10bps but there's a catch

12:20-15:38 - Virgin Money not passing on rate cut to home loan customers

15:38-30:08 - Which cars depreciate the least? With Alexi Falson

30:08-45:51 - The importance of credit reporting, with Elsa Markula

45:51-47:05 - Outro

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The Savings Tip JarBy Savings.com.au