Equifax - Latest News [Page 1]
Demand For Personal Loans And Mortgages Up, But Credit Cards Dip
Monday, 26 February 2024, 9:59 am | Equifax
Equifax New Zealand Quarterly Consumer Credit Demand Index: December 2023 Overall consumer credit demand increased by +4.2% (vs December quarter 2022) Unsecured credit demand (comprising personal loans and credit cards) up +6.4% (vs December quarter ... More >>
Positive Signs Of Recovery As Business Credit Demand Grows
Thursday, 3 August 2023, 6:26 am | Equifax
Equifax New Zealand Quarterly Business Credit Demand Index: June 2023 Overall business credit applications increased by +6.3% (vs June quarter 2022) Business loan applications were up +7.2% (vs June quarter 2022) Trade credit applications rose by +1.1% (vs ... More >>
Consumer Credit Demand Declines Despite Ongoing Appetite For Credit Cards
Monday, 17 April 2023, 4:58 am | Equifax
Credit trends suggests a dip in consumer sentiment Equifax New Zealand Quarterly Consumer Credit Demand Index: March 2023 Overall consumer credit applications reduced by -6.2% (vs March quarter 2022) Unsecured credit applications (comprising personal ... More >>
Equifax NZ Quarterly Business Credit Demand Index: December 2022
Friday, 3 February 2023, 9:50 am | Equifax
Overall business credit demand in New Zealand was down -1.7% year-on-year in the December 2022 quarter. Following some uplift in the previous quarter, business credit demand reduced in the December 2022 quarter, but the overall reduction of -1.7% is ... More >>
Equifax NZ Quarterly Consumer Credit Demand Index: December Quarter 2022
Monday, 23 January 2023, 5:17 pm | Equifax
The latest Quarterly Consumer Credit Demand Index for the quarter ending December 2022 shows a continuing stable trend in overall consumer enquiry volumes across 2022. However, demand remains below pre and post-pandemic volumes, with a notable dip in ... More >>
Credit Card Appetite Drives Improved Retail Credit Demand
Tuesday, 8 November 2022, 3:09 pm | Equifax
AUCKLAND, November 8th 2022: The latest Quarterly Consumer Credit Demand Index reveals an improving trend in overall consumer enquiry volumes for the quarter ending September 2022 vs the previous quarter. The result for the quarter was driven by a sharp rise ... More >>
Business Credit Demand Down 12% During The June 2022 Quarter
Monday, 29 August 2022, 1:14 pm | Equifax
Overall business credit demand is down year-on-year for the fourth consecutive quarter and remains below pre-COVID volumes. Business credit demand fell by 11.9% in the June quarter, driven predominantly by business loans, but there were declines in ... More >>
Overall Consumer Credit Demand Decline Continues, With Credit Card Demand Showing Signs Of Recovery
Friday, 12 August 2022, 10:50 am | Equifax
Equifax NZ Quarterly Consumer Credit Demand Index: July Quarter 2022 Overall consumer credit demand reduced by -23.6 % (vs June qtr 2022) Mortgage demand reduced by -37.1% (vs June qtr 2022) Unsecured credit demand down -18.3% (vs June qtr 2022) Overall ... More >>
March Quarter Credit Demand Remains Soft As Consumer Re-financingActivity Hits New Lows
Friday, 22 April 2022, 5:45 am | Equifax
Equifax NZ Quarterly Consumer Credit Demand Index: March Quarter 2022 Overall consumer credit applications reduced by -32.4 % (vs March qtr 2021) Home loan applications reduced by -42.0% (vs March qtr 2021) Unsecured credit applications ... More >>
Retail Credit Account Openings Plummet In First Full Month Since CCCFA Changes
Monday, 7 March 2022, 11:01 am | Equifax
There was a 44% year on year decline in new retail credit account openings in January 2022 compared to January 2021, as follows: - Home loan account openings declined by 35% - Unsecured credit accounts openings declined by 52% ... More >>
Business Credit Demand Drops By 7.3% During The December 2021 Quarter
Tuesday, 8 February 2022, 7:09 am | Equifax
Lockdown impacts business confidence Equifax NZ Quarterly Business Credit Demand Index: December 2021 - Overall business credit enquiries decreased by -7.3% (vs Dec quarter 2020) - Business loan enquiries decreased by -14.8% (vs Dec quarter 2020) ... More >>
Equifax NZ Quarterly Consumer Credit Demand Index: December 2021
Friday, 14 January 2022, 11:00 am | Equifax
AUCKLAND – 13 January 2022 – A drop off in demand for home loans during the December 2021 quarter was predominantly fuelled by lockdowns, according to Equifax New Zealand Managing Director, Angus Luffman. The latest data from Equifax New Zealand ... More >>
Online Shopping Drives Increase In Business Credit Demand Across Transport And Media Sectors
Friday, 19 November 2021, 8:58 am | Equifax
AUCKLAND – 19th November 2021 – Increased reliance on online shopping and the digitisation of many businesses is driving increased credit demand across two sectors. Figures from Equifax New Zealand for the September 2021 quarter show a 14.2% increase ... More >>
Kiwis need to look beyond their credit score
Friday, 22 November 2019, 10:01 am | Equifax
AUCKLAND – November 22nd, 2019: Misconceptions around credit scores may be affecting the financial wellbeing of Kiwis according to the head of one of New Zealand’s largest credit bureaus. Equifax New Zealand Managing Director Angus Luffman says ... More >>
Equifaxis is hackers' first to fall victim
Tuesday, 19 September 2017, 1:09 pm | Equifax
Hackers “Strut” in Again… And Equifax (and 143 million customers) is probably just the first to fall victim More >>
Financial literacy for students - New partnership launches
Tuesday, 21 March 2017, 9:16 am | Equifax
AUCKLAND, March 20, 2017 – Educating school students on the pros and cons of credit so they become more financially savvy is driving a new partnership which will be launched at Murray’s Bay Intermediate School in Auckland today. More >>