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What is Comprehensive Credit Reporting and how does it affect you?

Comprehensive Credit Reporting

Source: AAP

A change has come to credit reporting in Australia as of 1 July 2018. This change, called "Comprehensive Credit Reporting" (CCR), will see more positive credit data included on your credit report so lenders can have a clearer picture of your finances. SBS Sinhalese discuss this Comprehensive Credit Reporting system in Australia and how does it affect you with Mr. Richard De Silva, Senior Tax Accountant and Financial Advisor in Melbourne.



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