#Veda
Equifax accused of breaching consumer law
The ACCC has initiated proceedings in the Federal Court against Equifax (formerly Veda), alleging the credit reporting bureau made false or misleading representations to consumers between June 2013 and March 2017, in breach of consumer laws. Allegations include that Equifax claimed that its paid credit reports were more comprehensive than free reports, when they were not. […]
SMEs in risk of financial loss due to lack of PPSR awareness
Australian SMEs are encouraged to use the Personal Property Securities Register (PPSR) database to search for and register security interests and avoid running into financial difficulty.
Business credit applications on the rise in resource-heavy states
The divide between Australia’s three mining states and the rest of the country appears to be growing, as the Northern Territory, Western Australia and Queensland lead the way in growth of business credit enquiries in the first quarter of 2012.
The five C’s of credit every SMB needs to adopt
Risk management and good credit management are key to keeping a business healthy. Before signing up new creditors, every business should follow the five C’s of credit checklist.
Are you prepared for the new Personal Property Securities Register?
The Personal Property Securities Regsiter (PPSR) comes into being today, promising to bring major change to existing business practices. Here’s what you need to do to be ready to take advantage of the new PPR Register.
Recognising credit risk is central to business survival: Veda
The current economic climate is putting increased pressure on Australian SMEs and causing more to enter external administration, according to new research from Veda.