House Prices

Squeaky clean record is best

It's hard to over-emphasise the importance of keeping your credit record clean. Make one wrong move and your life could be marred.

Friday, July 16th 2004

You may have trouble getting credit cards, loans, mortgages, mobile phone contracts and even a job.

Virtually every adult in New Zealand has a credit record and most have no idea what information is held about them.

For an employer or lender to see your credit record, you need to agree in writing. But, sometimes, this detail is hidden in the small print of lenders' agreements.

Recruiters tend to be more up front. Some employment agencies routinely credit check every candidate. Others such as Robert Walters do it only if employers ask for it.

That means they can see details of any defaults or bankruptcies you have had. If you're going for a financial job, one default could mean the difference between getting the interview or not.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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