Credit reporting

If a credit provider or credit-reporting body misuses the information in a credit report, they can be fined a significant amount (div 3, sub-div D PA 1988; CR Code). Credit providers cannot use the information in credit reports to market products and services (CR Code).  It is an offence for a credit-reporting body to use or disclose credit-reporting information that is ‘false or misleading in a material particular’ (s 20P PA 1988).