Veda Consumer Credit Analysis
Veda Consumer Consulting
Veda Identity Verification and Vetting
Veda Skip Trace
Veda Fraud Protect
The National Consumer Credit Protection (NCCP) responsible lending process is one of many developments in Australia's credit risk landscape changing the way credit providers operate. Responsible lending laws require you to make ‘reasonable enquiries' about a credit applicant's financial circumstance. Veda's credit scores help you identify and profile risk that may not be obvious on a data only credit report giving you a simple, effective and streamlined solution.
People at high risk of not paying their bills often seek unsecured finance from multiple lenders. So it's difficult for one lender to see the growing risk profile of a customer.
Quickly and accurately assessing your credit applications is key to giving your potential customers a positive experience as you also manage your business risk and comply with legislation.