CCR: A Reform That Will Finally Put the Consumer First

Posted by Simon Bligh on Jun 26, 2018 1:08:00 PM

Federal Parliament will shortly consider legislation to make comprehensive credit reporting (CCR) mandatory for the four major banks. The inclusion of repayment information helps lenders do a better job of meeting their responsible lending obligations by identifying individuals struggling to meet their commitments. 

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Topics: illion News, Comprehensive Credit Reporting