Privacy Act 2020, s 22, Principles 6-8; Credit Reporting Privacy Code 2020, clause 5, rules 6-11; Credit Reporting Privacy Code 2020
Credit reporting agencies gather and sell information about individual peoples’ credit histories. The information they can report on includes your current credit accounts, such as hire-purchase arrangements and loans (including credit limits and your repayment history), whether you’ve ever failed to make (“defaulted on”) your repayments, any court judgments given against you for debts, and whether you’ve ever been declared bankrupt. They also look at your payment history for phone, electricity and gas accounts and if you have any outstanding fines or reparation.