Squeaky clean record is best

Friday 16 July 2004

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

By The Landlord

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.

Read More - Opens in a new window
Commenting is closed

Property News

Tenancy reform submissions due March 25

Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.


Headwinds for the commercial market

Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.


Heartland launches reverse mortgages for investors

Heartland has expanded its reverse mortgage business and will now lend against investment properties and second homes, as the product becomes more popular in New Zealand.

Site by PHP Developer