Credit Scores in Australia: Ranges Explained

By the Aussie Credit Guide editorial team · Reviewed 5 October 2026

A credit score is a number calculated from your credit report that estimates how likely you are to repay. There isn’t one score: each credit reporting body calculates its own, on its own scale.

The score ranges

illion scores also run from 0 to 1,000, with 800 and above labelled excellent and 500 to 699 average. Because the scales differ, a score of 700 means something different depending on who calculated it.

What goes into a score

Moneysmart lists what a credit report contains, which is the raw material for a score:

• Credit products you have held in the last two years, and their limits.
• Your repayment history for the last two years.
• Applications you have made for credit.
• Defaults on bills and loans.
• Financial hardship arrangements.
• Bankruptcy and debt agreements.

How credit cards affect it

• Applications. Every application is recorded as an enquiry, approved or not. Moneysmart warns that several applications in a short time can harm your score.
• Repayments. Paying at least the minimum on time each month builds a positive repayment history. A payment more than 14 days late can be recorded.
• Limits. Your report shows credit limits, and lenders count the limit when assessing other loans. See how credit limits work.

How long information stays on file

Checking yours

You can get your credit report free. See how to get a free credit report. Paying a company to “repair” a score is not necessary: fixing a genuine error on a report is free.

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