Tag: veda advantage
The Australian credit check system needs a makeover
A new study finds that 10% of Australian adults have misrepresented their personal finances when applying for credit. Yet with credit checks only submitting negative activity, perhaps consumers aren't the only ones to blame.
Veda Advantage says credit enquiries enjoy first bump since 2008, but mortgage applications still...
Applications for credit card and personal loans in Australia in fourth-quarter 2010 showed year-to-year growth for the first time since 2008. The credit push, however, couldn't counterbalance a continuing freefall in mortage applications.
