What do you report on my credit report after the hardship assistance period?

Before and after the hardship assistance period ends, we’ll report repayment history information (RHI) against your standard repayment obligations under your credit contract (rather than against the terms of your financial hardship arrangement) to the credit reporting bodies. When we report RHI, we’ll tell the credit reporting bodies if you are up-to-date with repayments under your credit contract or if you are overdue. 

We provide this information to each of the credit reporting bodies we work with (Equifax, Experian and illion) monthly. Credit providers might access the information to assess your creditworthiness if you’re applying for more credit.

If your account is overdue at the end of your hardship assistance period, this will be reflected in your RHI within 14 days of your hardship assistance ending unless we’ve agreed to provide further assistance. The RHI provided to credit reporting bodies will reflect how many months overdue the account is.

RHI reporting will remain on your credit report for 24 months. RHI can impact your credit score and credit providers might access this information to assess future lending applications.

For more information on Kogan Money Credit Cards credit reporting practices, review our Privacy Notification.