Can I get an idea of the interest rate for a risk-based loan before applying for it?

While you won't get a definite rate until you've applied, most lenders will give you a rate estimate without requiring a formal application. Make sure you confirm with the lender that this enquiry will not be noted on your credit file.

What's the difference between a personal loan and credit card?

The main difference is that personal loans provide you a set amount of money to be repaid by a predefined payout date. A credit card, meanwhile, provides revolving credit with a less structured repayment schedule. Credit cards attract higher interest rates than personal loans, even with risk-based pricing.

Will my overseas credit score impact my ability to get a personal loan in Australia?

The answer is no. Your credit score is not recognised worldwide and your overseas score will not be taken into account in your loan application in Australia. But you will have to meet the Australian lender's criteria, including residency and employment requirements. Your Australian credit history will also be taken into account.

Why is my credit score different?

There are several reasons why your credit score can differ between agencies. It all comes down to the scale (0 to 1,000 or 0 to 1,200), the calculations they use and the information they have. Credit providers may not provide this information to all credit reporting agencies. This data may also be provided at different times, accounting for a difference in scores. The differences in scores aren't something you should worry about. It's a feature, not a bug. You could, however, check your credit reports to make sure the information entered is correct.