Our Bureau Data

Veda Advantage operates the leading credit bureaux in Australia and New Zealand for both consumer and commercial purposes.

Although Veda Advantage provides a wide variety of data solutions, products and services, we are best known for our credit bureaux in Australia and New Zealand.

So what is the purpose of a credit bureau?

The purpose of a credit bureau is to act as an independent source of information on credit applicants. Credit providers can therefore make an informed decision during the application process. As such, a credit bureau must:

  • provide a credit provider with all the available information relating to the applicant, including other identities that the entity may be using;
  • provide a credit provider only with information relating to the applicant at the point of enquiry; and
  • provide consistent responses regardless of minor variances in input data.

All advanced economies rely on the existence of one or more credit bureaux to reduce the risks associated with providing credit and therefore minimise interest rates within the wider community.

Providing comprehensive coverage and analysis of the credit-active population, including individuals, companies, businesses and sole traders, is a critical aspect of running an effective bureau. Veda Advantage operates the leading credit bureaux in Australia and New Zealand for both individual and commercial purposes.

Veda Advantage’s Credit Bureau - Australia

Individual credit files held in Australia contain the following:

  • Identity data (e.g. name, date of birth, drivers licence number, current and previous address, employment and occupation details, cross-reference information)
  • Consumer credit applications
  • Consumer default history
  • Public record information (e.g. bankruptcy, judgements, writs, directorships, previous directorships, proprietorships)
  • Commercial credit enquiries
  • Commercial default history

Commercial credit files held in Australia include:

  • ASIC data
  • Business names data
  • Sole trader data
  • Commercial credit enquiries
  • Commercial default history
  • Sole trader credit enquiries
  • Sole trader default history

Veda Advantage’s Credit Bureau - New Zealand

Individual credit files held in New Zealand contain the following:

  • Identity data (e.g. name, date of birth, current and previous addresses, employment and occupation details)
  • Consumer credit applications
  • Consumer default history
  • Public record information (e.g. bankruptcy, judgements, directorships)

Commercial credit files held in New Zealand include:

  • Companies Office data
  • Commercial credit enquiries
  • Commercial default history