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Why is Veda Advantage permitted to hold credit files on people?

April 26, 2017advantage credit files hold people permitted veda

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Why is Veda Advantage permitted to hold credit files on people?

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As a credit reporting agency, Veda Advantage is permitted to hold credit information files on individuals. Veda Advantage records information in accordance with the Federal Privacy Act 1988, particularly section 18E. For further information regarding the permitted contents of credit files you may wish to visit www.privacy.gov.au.