Credit Report Archives - WhiteStar Group

Comprehensive Credit Reporting

by wsgadmin2019-12-11

What does the new Comprehensive Credit Reporting mean for you? If you’re in the market for a new mortgage or even a personal loan or credit account, you may have heard about the recently introduced ‘Comprehensive Credit Reporting’. But what is it, and what is…

Why ZipPay and AfterPay debt is spiralling and affecting loan applications

by wsgadmin2018-12-20

Blog, Credit Card, Credit Report, Finance, Home Loan, Tips

Australians owed $903m in June with one in six defaulting or incurring fees. A recent ASIC review into the ‘buy now pay later’ industry, which includes highly popular finance products like ZipPay and AfterPay, has revealed some very concerning data regarding spending habits and increasing…

Has your credit score changed?

by wsgadmin2018-07-04

Blog, Credit Report

These are the reasons why you may have seen a change in your credit score. From July 1, 2018, comprehensive credit reporting will be mandated. This means that from July 1, 2018, the big four banks need to share 50% of your credit data to…

What are your thoughts on comprehensive credit reporting?

by wsgadmin2018-02-14

Blog, Credit Report

We recently wrote about the Comprehensive Credit Reporting mandate. The mandate changes the credit reporting process. What this means is banks and lenders have more information than ever about the financial activities of borrowers. Prior to the law changing, banks, lenders and other credit providers…

Credit reporting is changing and it affects everyone

by wsgadmin2016-11-20

Blog, Credit Report

In March 2014, The Privacy Act 1988, the governing legislation of consumer credit reporting in Australia, was amended to introduce comprehensive credit reporting.