If you have an impaired credit file it is best to deal with your defaults and either pay them out in full or come to some payment arrangement with your creditors.

The reality is that almost all lenders in Australia do a credit check of some sort when you apply for a car loan, you apply for a telephone account or you apply for interest free finance.

Do you pay or is it free for a copy of your credit file ?

There are two ways to obtain a copy of your credit file:

1. You can obtain a copy of your credit file for free from a credit reporting agency. This will take approximately 14 days.
    
2. If you wish to obtain a copy of your credit report within 1 working day then you can pay a small fee and have this sent to you via email or fax

There are a couple of main credit reporting agencies in Australia.
 

They are:

• Veda Advantage

• Dun & Bradstreet

You can go directly to the above web sites and obtain your credit file from the credit reporting agencies or call Dreamloans directly on 1300 780 050 and speak to a car loan specialists and discuss your situation.

Can I get a car loan even if I have defaults ?

There are lenders in Australia that will lend money to clients that have defaults on there credit file.

Interest rates will depend on the level of defaults and the amount in dollar terms.