Comprehensive credit reporting

[TomVexille]

Logged into Veda this morning. Amex have started to share CCR data.

 

[burmans]

Logged into Veda this morning. Amex have started to share CCR data.

Boy its taking a while to get everyone on board but it is happening!

 

[TomVexille]

Boy its taking a while to get everyone on board but it is happening!

But no NAB information as of yet.

 

[burmans]

But no NAB information as of yet.

Yeah that's interesting. One of the reports I saw was that they were already sharing this but they may still be in the testing phase. I've worked on a couple of Comprehensive Credit Reporting Programs so can report that this is definitely a non-trivial exercise, particularly for a major bank with multiple product systems, so they may well be having teething problems.

 

[TomVexille]

Yeah that's interesting. One of the reports I saw was that they were already sharing this but they may still be in the testing phase. I've worked on a couple of Comprehensive Credit Reporting Programs so can report that this is definitely a non-trivial exercise, particularly for a major bank with multiple product systems, so they may well be having teething problems.

Yeah I was a little surprised

 

[hedge]

Logged into Veda this morning. Amex have started to share CCR data.

I can see AMEX is sharing CCR data on my VEDA also.

 

[TomVexille]

I can see AMEX is sharing CCR data on my VEDA also.

Yet still no NAB

 

[coles525]

Logged on today, so far amex hasn't started sharing info (my 1st statement only issued over the weekend, with annual charge making me in default of credit limit).

Will soon find out more during the 2nd month.

 

[burmans]

Odd, that seems at variance with TomVexille a few posts up!

 

[TomVexille]

Logged on today, so far amex hasn't started sharing info (my 1st statement only issued over the weekend, with annual charge making me in default of credit limit).

Will soon find out more during the 2nd month.

Odd, that seems at variance with TomVexille a few posts up!

The CCR info only seems to come through quarterly in the months where I receive a new credit report.