Australian Fintech Credit Savvy Achieves 1 Million Member Milestone

Sydney, Australia, 25 January 2021: Credit Savvy, the free credit reputation service celebrates their 1 million member milestone, cementing its place in the Australia fintech sector as the all-in-one platform dedicated to helping consumers navigate the credit landscape.

The online service provides Australian consumers more than just free access to credit scores and a marketplace of credit products, it also offers a range of practical tools and resources to enable Australians to take control of their credit reputation and improve their financial wellbeing.

Over 32 million free credit scores have been given away to the Credit Savvy member base just shy of 6 years since the company launched in 2015.[1] With a healthy average score base of 695 out of 1000, the business sees further opportunities to help improve its members’ creditworthiness to reach new heights.[2]

“We’re honoured to be the place that over 1 million Australians come to get their credit score and would like to thank them for placing their trust in us” says Leo Hillary, managing director of Credit Savvy.

Credit Savvy’s member base has grown exponentially through its national marketing efforts and positive word of mouth, as well as from the increased consumer awareness of personal finance under the current economic climate.

Its recent rebranding efforts have demonstrated that the business focus is to be a part of its members’ credit journey and that it will continue to improve its holistic service offerings to meet its member’s needs and support Australians to make smarter financial decisions.

“We’re continuing to work hard to deliver new features and services to help our members understand and improve their financial wellbeing, protect their credit reputation and find offers that can save them money and help them reach their goals” adds Mr Hillary.

“We look forward to welcoming the next million Australians to our service.”

 

Note to Editor

[1] 32 million credit scores as of 25 January 2021

[2] 695 average member base credit score as of 25 January 2021

 

 

About Credit Savvy

Designed to help Australians navigate the complex credit landscape, Credit Savvy gives users free and instant access to their credit score and credit file information.

Credit Savvy also provides users with the tools to understand, leverage, and protect their credit reputation, to help them achieve greater financial wellbeing.

For more information, please visit www.creditsavvy.com.au

 

Media enquiries:

Rebecca Chou

press@creditsavvy.com.au

We act as a credit intermediary and do not provide personal financial, legal or tax advice, or credit assistance of any form. Any content featured on the site is of a general and informative nature only and does not take into account your personal objectives, financial situation or needs. You should consider your needs, along with the product's terms and conditions before making a decision. We do not accept any liability in respect of any product or service which you elect to acquire from any provider.

© 2021 CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 and Australian Credit Licence 516487, trading as Credit Savvy Australia.
Credit Savvy is a trademark of CBA New Digital Businesses Pty Ltd. CBA New Digital Businesses Pty Ltd is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124.

Your security is extremely important to us. Your data is encrypted and we work with industry leading experts to keep your details safe.