Just because you are dealing with debt doesn’t mean your credit score has to be affected.

Almost all of our debt solutions allow us to work with you to organically improve your credit score. This means that once you have finished paying off your debt through Debt Cutter, you may have a better chance of getting your next loan or buying the house you have always dreamed of.

It is important to note Debt Cutter does not act as a Credit Improvement agency, and is unable to contact any of your previous creditors on your behalf to ask they remove any negative credit reporting or defaults. If you are having any issues with removing negative credit scores which have been incorrectly recorded against you name, we encourage you to contact the Financial Ombudsman.


Your credit score is a summary of the information on your credit report. It is what creditors use when they are assessing your credit application. A VEDA score is a number between 0-1200. To access your credit score go to Please refer to our Credit Score Fact Sheet for details on how to interpret your credit score.
Note: There are number of other credit agencies who have their own reporting methods.


If you find yourself with a bad credit rating, you can use the following steps to improve it.

Step 1 – Take control. Get your credit report and become aware of your situation. Work on a positive attitude towards dealing with your debt.

Step 2 – Create a Plan. Be honest with yourself and work out your income, your expenses and what you have left to pay towards your debts or defaults.

Step 3 – Implement your plan. If you are struggling to meet all of your commitments, contact your creditors as soon as practical and make arrangements. Prioritise paying secured creditors and  debts with the highest interest; always make sure to pay something towards all your debts.

Step 4 – Get Educated. Explore your options for dealing with your debts and rebuilding your credit rating in the short and long term.

Call us today on 1300 887 211 or book a free call back consultation.

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