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Online fraud and identity theft gaining risky momentum
Sydney, Australia: Thursday, 24 November 2016 – Use of stolen identities in fraud events has risen by 80 per cent in the year to June 2016, with 57 per cent of credit application fraud now occurring online, according to new research.
Almost a million Australians are better able to access credit
Sydney, Australia, Thursday, 10 November 2016: More than 930,000 people, who may have been financially excluded under negative credit reporting, now have a credit profile, thanks to Australia’s shift to Comprehensive Credit Reporting (CCR).
Loan-to-Valuation Ratios level out after trending lower since 2013
Sydney, Australia, 3 November 2016: The national average of application loan-to-valuation ratio (LVR) across Australia is currently tracking at 74.3%, according to the new Index from property data and analytics experts CoreLogic, and Veda, Australia and New Zealand’s leading provider of consumer and commercial data and insights and a wholly-owned subsidiary of Equifax.
Fourth annual Veda Australian Credit Scorecard reveals who is strongest and who is struggling in the world of credit
Sydney, Australia: Friday, 28 October 2016 – Although the majority of Australians consider themselves financially responsible when paying bills and sticking to a budget, a quarter of the population (26%) are splashing their cash on things they know they will struggle to repay