Each New Zealander's last 200 payments on bills would be kept on record for scrutiny by banks in a proposal by the Privacy Commissioner, Marie Shroff.
At present, credit records show only the times when a person has inquired about getting credit and any instances of defaults, and is updated only when things go wrong.
"It has been quite difficult to get rid of bad credit experiences," Consumer NZ chief executive Sue Chetwin said. Giving credit reporting agencies more information every month made it easier for a person to rebuild their record, she said.
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