A credit score is a number created by a credit reporting bureau, based on the information in your credit report. It helps other providers assess risk when offering credit or services.
Using Afterpay won’t automatically harm your credit score. However, when you apply to join Afterpay or are assessed for a higher spend limit, we may perform a credit check. This enquiry may appear on your credit report and be visible to other credit providers.
We don’t determine how credit scores are calculated — that’s up to the credit reporting bureaus. If you have questions about your score or how enquiries affect it, we recommend contacting your credit bureau directly.
You can request a free copy of your credit report and correct any mistakes. Understanding your credit report can help you make more informed financial decisions. To get started, visit the Contact Us page on illion Australia’s website.