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Author: admin-ARCA

How checking your credit report could save homeowners thousands

As the cost of living continues to soar, comparing rates and lenders can ease financial pressures. 

Rising rates put credit health back in focus

As interest rates rise, the Australian Retail Credit Association is urging brokers not to underplay the role of credit health in risk assessment and loan pricing.

Banks and non-bank lenders form alliance to tackle financial abuse

New Financial Safety Alliance aims to embed ‘safety by design’ across Australian credit and banking products.

Banks And Lenders Unite To Fight Financial Abuse

New Financial Safety Alliance aims to embed ‘safety by design’ across Australian credit and banking products.

Lenders urged to shield credit scores of disaster‑hit borrowers

Banks told: lead with empathy as disasters batter borrowers

Is this financial abuse? 10 red flags you need to know

Financial abuse is far more common and far more subtle than most people realise. 

New data from Arca reveals credit reporting benefits millions of consumers, but warns Australia risks falling behind global peers

The report, Comprehensive Credit Reporting in Australia: Usage and Benefits, reveals that 92 credit providers are now participating in the system, covering more than 22 million consumer accounts and accounting for the vast majority of the regulated market. 

How to better protect yourself from credit fraud and identity theft

As data breaches continue to make headlines, many Australians – particularly older ones – are understandably worried about their personal information falling into the wrong hands. 

Is Australia’s credit reporting system outdated?

Data has revealed a disconnect between Australia’s credit reporting framework and consumers. There are calls to revitalise systems through expanding the data used.

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In the spirit of reconciliation Arca acknowledge the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. We pay our respects to their Elders past and present and extend that respect to all aboriginal and Torres Straits Islander peoples today.