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Veda Advantage

Less risky attitude develops to consumer credit

Less risky attitude develops to consumer credit
Wellington, July 26 NZPA - Consumers have developed a less risky attitude to credit during the past year, Veda Advantage data shows.

Borrowing Methods Changing, According To Credit Company

Borrowing Methods Changing, According To Credit Company
Wellington, Jan 29 NZPA - New Zealanders are choosing to purchase goods and services by way of hire purchase or personal loan rather than a credit card, according to the latest data from credit company Veda Advantage.

Baby Boomers' Lifestyle Catches Up With Them

Wellington, Oct 7 NZPA - The recession is impacting particularly hard on the baby boomer generation, which is aged between 44 and 62 years, according to a credit company.

Bankruptcies Show New Zealanders Are Finding Things Tough

Bankruptcies Show New Zealanders Are Finding Things Tough
Wellington, Sept 4 NZPA - In July 461 New Zealanders applied for either bankruptcy or the alternative no-asset procedure, down on 591 in the previous month.

Gen Y Showing New Debt Conservatism

Gen Y Showing New Debt Conservatism
Wellington, June 5 NZPA - Amid the wreckage of the global economy, the Generation Y demographic in their teens and 20s have become more jittery of debt than their elders.

Even Easier For Marketers To Target Wealthy

Even Easier For Marketers To Target Wealthy
Wellington, May 25 NZPA - Avoiding the attention of the marketing profession looks to have just become more difficult for this country's wealthiest citizens.

Veda Advantage & EC Credit Control Sign Partnership

Veda Advantage & EC Credit Control Sign Partnership
Wellington, May 6 NZPA - Australasian credit agency EC Credit Control will be able to provide services from credit information provider Veda Advantage, under a joint endeavour agreement.

Mortgage Applications On The Rise

Mortgage Applications On The Rise
Wellington, April 7 NZPA - Rising demand in the housing market, on the back of low interest rates and bargain-hunting, pushed mortgage applications to a 16-month high last month, according to credit reporting company Veda Advantage.

Debt Collectors Want Bankruptcy Records Permanently Available

Debt Collectors Want Bankruptcy Records Permanently Available
Wellington, Dec 1 NZPA - Debt collectors and credit agencies want a return to the system under which a record of someone being made bankrupt is permanently available to the public.

Credit Picture Bleak

Wellington, July 16 NZPA - Loan defaults are up sharply and new loan applications are down, according to credit information company Veda Advantage.