http://myvesta.au.com/articles/credit-history The taxonomy view with a depth of 0. en http://myvesta.au.com/articles/21/2/banks-and-banking/decision-deadline-one-step-closer <!--paging_filter--><p>It is generally assumed in Australia that banks and lenders have access to a person's full credit history however this is not the case. Australia is currently one of four countries in the developed world (the others being New Zealand, France and Italy) still operating under a negative reporting system. Under this system, banks and lenders only have access to past customer applications for credit, and whether a default has occurred in the past five years. This means they don't have as much information as they should when assessing a credit applicant's true ability to repay a loan.<p><a href="http://myvesta.au.com/articles/21/2/banks-and-banking/decision-deadline-one-step-closer">read more</a></p> http://myvesta.au.com/articles/21/2/banks-and-banking/decision-deadline-one-step-closer#comments Banks and Banking Credit History Thu, 21 Feb 2008 09:22:58 -0500 myvestaau 123 at http://myvesta.au.com