Credit History

VedaScore Plus helps you reduce the risks by providing a more accurate measure of a customer's credit ranking, including a Driver Licence check to verify the identity of the customer.

Before you give credit, know the score.

Every applicant is scored according to how their credit information compares to other credit-active New Zealanders at that point in time. It then gives a numerical score to help you determine whether the applicant should be accepted or not.

The higher the score, the lower the risk.

For instance, if your applicant's VedaScore is 600, it means they are an average credit risk compared to the rest of the population. This score provides a consistent and rigorous criteria for making credit decisions and allows you to easily change risk tolerance levels.

As well as reducing credit risk, VedaScore Plus provides a Driver Licence option, giving you even greater protection against bad debt and identity fraud.

Please note, you must have the consent of the person you are enquiring about before you access this service.

You must be a Subscriber to our Information Services.

How does it work?

Provide us with the person's:

• Full name
• Date of birth
• At least one address
• Driver Licence details, if the verification option is selected.

Your report will:

• Provide a numerical score based on the Consumer's credit-worthiness
• Verify the applicant is who they say they are if you choose to input their Driver Licence details
• Confirm the person's full name and date of birth
• Identify any known alias names
• Analyse adverse information on the person over the past five years, including:
  • Payment defaults
  • Collection actions
  • Court judgments
  • Insolvency Information
  • Public notices and file notes
• State the applicant's three last known addresses-where these are available.
• Provide details of the person's previous credit inquiries