Comprehensive Credit Reporting

Comprehensive Credit Reporting (CCR), also known as credit reporting, is a federal government initiative happening across financial institutions in Australia.

 To find out what CCR means for you, we’ve put together this comprehensive guide.

What does CCR mean for me?

Previously your credit report would have only included what was considered to be ‘negative’ information such as when and what credit you had applied for and any defaults/judgements you may have had.

Your credit report will now include ‘comprehensive’ information such as dates accounts are opened and closed, account types, credit limits and 24 months of repayment history.



What are the benefits of CCR?

Over time, your credit report will provide a more accurate assessment of how you manage credit. This helps us to continue to meet your needs whilst lending responsibly and ultimately helping you to secure your financial wellbeing.

Responsible lending laws are in place to ensure that financial institutions act in the customer's best interest and support their long-term financial future.

This involves lenders ensuring the credit products they issue you are not unsuitable, meaning you can repay the loan without experiencing financial hardship and the product is suited to your goals.

The CCR Initiative increases the amount of information financial institutions are required to share with credit reporting bodies.

This allows financial institutions, including MOVE Bank, to gain a more comprehensive understanding of your credit history and make better, fairer lending decisions.

Protection of your data and privacy is very important to us. Please refer to our Privacy Policy for more information on how we collect, share and use your data.



Do I need to do anything?

You don't need to take any action. However, it is more important than ever that you make your repayments on time, as repayment history will appear on your credit report.

If you have any questions, please let us know by emailing us at or by calling our team on 1300 362 216 during business hours.