Credit Check reports from illion (formerly trading as Dun & Bradstreet) can include previous creditor enquiries along with adverse information such as
- Payment Defaults -
a missed payment that has been overdue for more than 30 days where the lender has tried to recover the money owed. Even when paid in full, a payment default can stay on the credit report for four years from the date it was incurred.
- Judgements -
these are Court judgements which have been awarded against the individual for an amount owed, plus any fees, charges, and interest. This includes District Court and High Court judgements, but not Tenancy Tribunal orders.
- Collections -
once an account is sold to a collection agency, the collection account can then be reported as a separate account on a credit report. Collections can appear from unsecured accounts, such as credit cards and personal loans.
- Serious Credit Infringements -
when a creditor believes the individual has committed or attempted fraud in the way that they have applied for credit, or fraudulently evaded meeting their obligations in relation to the credit they have.
- Insolvencies and Bankruptcies -
when the individual has gone bankrupt or filed for No Asset Procedure (NAP) because they have not been able to repay all their debts. These can be initiated voluntarily by the individual, or imposed by a Court order.
A credit score is a number between 0 and 1,000 that indicates how credit-worthy an individual is, and how likely they are to pay their bills on time.
Most credit scores are between 300 and 850. The higher the score - the better their credit rating is.
A good score is more than 500.
Low score: 1 – 300
They probably have payment defaults or other bad data on their file, but they are saved from having a zero score by also having some positive account payment information (when they do pay their bills on time). If they don’t have defaults or other bad data such as a bankruptcy, then they probably have poor payment history (such as paying late). They could also have a high number of credit enquiries, especially recent ones and for small amounts.
Below average: 300 – 500
If their score is between 300 and 500, they are slightly below average, but they probably won’t have anything really negative (defaults, behind in their payments, judgements, summons, court writs) on their file. It could be that they are in the younger age bracket which is slightly more risky, and they may have recently applied for one or more smaller credit facilities or to credit providers that offer services to higher risk customers.
Middle of the road: 500 – 700
Their score aligns with the majority of people. Smaller things will push the score up, such as their age or having a mortgage. There’s probably not much information available about their credit history, which on a positive means there’s nothing significantly negative. It could also mean that their good history with their current credit provider is not yet being reported (credit reporting bureaus don’t yet have all the information from all of the credit providers).
More than 700
Scoring above 700 puts an individual into the high end of the score ranges. Scoring in this range will often be associated with being in the older age groups, having been fairly disciplined with their applications for credit and not making too many applications, having a mortgage and/or an investment property. And constantly paying their accounts on time.
Ministry of Justice Fines
This searches the Ministry of Justice fines database for outstanding fines. The information will show the balance of the fine that is still outstanding at the date.
ID Verification from NZTA - Drivers License verification
To identify that the Drivers License ID shown to you is real. Possible reasons if you get 'No' matches on all details could be;
If you get a 'Yes' match to 'Drivers Licence Number Matched?' but 'No' matches on any of the name or date of birth of the applicant, it means NZTA have different details against that Drivers Licence Number than what you entered for the search. In this scenario we recommend you request a second form of photo ID from your applicant to double check they have given you their legitimate name and date of birth. I.e. Request a photocopy of their Passport, 18+ Card, or Kiwi Access Card.
- Incorrect Drivers Licence number, and/or an incorrect or missing version number. The Drivers Licence number should be 8 characters long with the first two characters being alphabet letters. The Version number should be 3 numbers long. Ensure your applicant has supplied you with their correct Drivers Licence numbers.
- The licence may be expired. Check the expiry date of the Drivers Licence.
- The licence may be disqualified or suspended. A Full Drivers Licence Check will confirm this.
- The license may be fake.
- NZTA database may be offline. This will show in Description as "No NZTA Drivers License response is available." You are able to ring them to figure out the reason their website has not given a valid response. Ph. 0800 822422
This verification is done through the Department of Internal Affairs (DIA). Result Definitions;
- Verified - The individual has been verified against the specified rule set.
- Verified (by admin) - The individual was manually verified by an administrator through the admin panel.
- Verified with changes - The individual was verified against the specified rule set, however some minor changes were made to the data in order to get the result. These changes are included in the rule set as acceptable changes.
- In Progress - The individual has not yet been verified, but further checks may be attempted. As GreenID allows further checks to be performed at any time this can be considered as not yet meeting the rule set requirements for verification.
- Pending review - The individual has been verified against the rule set, but to do so they changed data in a way that is not considered acceptable without further action.
- Locked out - The individual has been locked out completely. This will occur depending on the customer lock-out rules. By default there are no lock out rules.
Full Drivers Licence Check
The Full Drivers Licence Check becomes available in the results if you get no match or question marks (?) on your Drivers Licence ID verification from NZTA. This more advanced search gives complete information regarding a persons Drivers Licence with information from NZ Transport Agency (NZTA), including Licence status (suspended or disqualified), class/stage, endorsements, conditions and exemptions.