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Veda Advantage Limited

Bankruptcies fall after no assets procedure, says Baycorp

Bankruptcies fall after no assets procedure, says Baycorp
Wellington, July 22 NZPA - The number of bankruptcies recorded against debt managed by collection agency Baycorp has fallen sharply since the introduction of the no assets procedure (NAP) last year.

Debtors finding it harder to pay off debts

Debtors finding it harder to pay off debts
Wellington, April 22 NZPA - Debtors referred to collection agency Baycorp are finding it harder to pay off their debts, with the company also reporting that commercial collections have been particularly strong.

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.

NZers Getting Bigger Debts And Taking Longer To Pay Them Back

NZers Getting Bigger Debts And Taking Longer To Pay Them Back
Wellington, Oct 29 NZPA - More New Zealanders are having bigger debts due to job loss and taking longer to pay them back, a collection agency says. Baycorp figures released yesterday show average debt for collection was $814, increasing 49 percent since 2006's figure of $544.

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.

Agile Sets Up Australian Offshoot, Despite Recession

Wellington, Aug 4 NZPA - New Zealand telecommunications software developer Agile says it has opened an office in Australia, despite the economic malaise.

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.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.