The Four Steps of CCR Participation

Posted by Jill Nelson on Mar 1, 2019 1:23:29 PM

Comprehensive Credit Reporting is a fixture of the Australian credit reporting landscape and while not yet compulsory, its presence gives credit providers a significant opportunity to benefit from the data made available by CCR participants.

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Topics: Comprehensive Credit Reporting, Finance, Credit Lenders

CCR and the Multi-Bureau Strategy

Posted by Jill Nelson on Mar 1, 2019 1:23:12 PM

The Australian Government and associated industry bodies have established a positive credit reporting system, with credit bureaus at the centre of this system.

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Topics: Comprehensive Credit Reporting, Finance, Credit Lenders

What are the Principles of Reciprocity & Data Exchange?

Posted by Jill Nelson on Mar 1, 2019 1:22:32 PM

 

Australia has lagged behind the rest of the developed world, with countries like the UK, USA and New Zealand already benefiting from positive credit reporting information.

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Topics: Comprehensive Credit Reporting, Finance, Credit Lenders

The CCR Advantage for Australian Credit Licence Holders

Posted by Jill Nelson on Mar 1, 2019 1:21:02 PM

Banks and credit providers in Australia are paving the way for comprehensive credit reporting after the federal government’s move to introduce mandatory data sharing was announced in 2017.

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Topics: Comprehensive Credit Reporting, Finance, Credit Lenders

CCR: A Reform That Will Finally Put the Consumer First

Posted by Simon Bligh on Jun 26, 2018 1:08:48 PM

Federal Parliament will shortly consider legislation to make comprehensive credit reporting (CCR) mandatory for the four major banks. The inclusion of repayment information helps lenders do a better job of meeting their responsible lending obligations by identifying individuals struggling to meet their commitments. 

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Topics: illion News, Comprehensive Credit Reporting