Equifax

Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans

Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans

Gareth Vaughan on spoofing, gold secrets & gasping jurors, roaming rivers, a heretic economist, reforming our ports and China's village bank collapses explained

Gareth Vaughan on spoofing, gold secrets & gasping jurors, roaming rivers, a heretic economist, reforming our ports and China's village bank collapses explained

Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter

Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter

The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic

The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic

Business credit demand drops 7.3% during the December 2021 quarter, fueled by the sectors most beaten up by Covid-19 restrictions

Business credit demand drops 7.3% during the December 2021 quarter, fueled by the sectors most beaten up by Covid-19 restrictions

We look at what a 'credit crunch' really is in light of recent local reports of sharp falls in loan application approvals. Brokers are squealing; politicians dodging for cover. But is it the adjustment we need to have, finally?

We look at what a 'credit crunch' really is in light of recent local reports of sharp falls in loan application approvals. Brokers are squealing; politicians dodging for cover. But is it the adjustment we need to have, finally?

Equifax reports that overall credit demand fell about -35% in Auckland and Wellington in the December quarter of 2021 from a booming Q4 in 2020. They see some regional shifts as indicating new responses by consumers

Equifax reports that overall credit demand fell about -35% in Auckland and Wellington in the December quarter of 2021 from a booming Q4 in 2020. They see some regional shifts as indicating new responses by consumers

Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries

Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries

Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date

Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date

Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?

Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?

Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says

Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says

BNZ delays comprehensive credit reporting until 2019 blaming 'new requirements introduced by regulators in relation to cloud-based storage platforms'

BNZ delays comprehensive credit reporting until 2019 blaming 'new requirements introduced by regulators in relation to cloud-based storage platforms'

Five-and-a-half years into New Zealand's comprehensive credit reporting regime two of the big five banks are yet to embrace it

Five-and-a-half years into New Zealand's comprehensive credit reporting regime two of the big five banks are yet to embrace it

The Co-operative Bank adopts risk-based pricing for its personal loans, bringing sharp interest rate benefits to borrowers with a good credit score

The Co-operative Bank adopts risk-based pricing for its personal loans, bringing sharp interest rate benefits to borrowers with a good credit score