Credit watch on your bills

NZ Herald

Michael Dickison

30.05.2011

Your last 200 bill payments, on average, will become part of your credit record - available for scrutiny by banks and other businesses - under a proposal by the Privacy Commissioner.

Bankers' Association chief executive Sarah Mehrtens said missing a single phone bill payment was unlikely to affect whether a person could get a loan, especially if they had records of long-term regular repayments.