Obtaining a copy of your credit report from veda advantage

Write a letter to Veda stating your full name, date of birth, driver’s licence, current address and, if applicable, your previous address (if you have moved in the last 5 years), a daytime telephone number and your signature.

Free File Copy

Mail the letter to:
Veda Advantage Public Enquiries
PO Box 964 North Sydney NSW 2059

Or

Fax the letter to Veda at: 02 9278 7333

Urgent File Copy

Within 24 hours Veda will send your credit report within 24 hours of receiving your application and fee, currently $29.95.

To get your report within 24 hours, go to the Veda website at www.mycreditfile.com.au and follow the instructions, or

telephone Veda on 1300 762 207 and arrange payment.

The Gauge. The following example relates to a commercial reference file.

A similar gauge will appear on the credit history file provided to those seeking information about you.

It usually is not provided on the information that will be sent to you!!

How does it work?

All consumers are ‘average’ at the beginning. The gauge travels negatively based on:

  • the number of credit applications you make each year.
  • annotated defaults received from lenders.
  • and, other factors.

If it travels negatively based on the number of credit application then it may be seen that one does not have to be a poor payer to get attention. One simply has to make a few too many applications for credit.

From a credit manager’s perspective a negative gauge borne from too many credit applications in a relatively short period of time could indicate that the person is ‘out looking for money’.

Conversely the gauge will move slowly upwards on the positive scale, over time, when there are fewer credit applications and no defaults or no negative information listed.

Debt. Consumers commonly incur some if not all of the following types of contractual debt:

  • Credit cards;
  • Store cards;
  • Mortgage;
  • Rent;
  • Council rates;
  • Motor vehicle;
  • Rental purchase;
  • Overdraft;
  • Merchant accounts
  • School fees
  • Benefit overpayments
  • Child support payments
  • Utilities – power, telephone; and
  • Taxation
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About cliff

Commencing his career with Australia's largest consumer finance lender Cliff experienced every facet of consumer lending and worked in a large number of branch offices before being elevated to the Head Office in Sydney at the age of 24 years. His career has encompassed credit management consulting to major lending organisations and SMEs. In 1999 he commenced engagement with the personal insolvency area of financial services. He sat and passed exams in Advanced Insolvency Law, a post-graduate course held at University of Southern Queensland in conjunction with the Insolvency Practitioners Association. He is currently National Chairperson of the Debt Agreement Practitioners Association the professional association for personal insolvency practitioners. Cliff is also a member of the American Bankruptcy Institute having spent some years in the USA.