There's been a national improvement in New Zealanders' average credit score, but it is not because we have suddenly got better with money.
It i's because two of the four big banks have started feeding "positive" information to the big credit ratings agencies.
The banks are Westpac and ASB, and the impact on some people's credit scores, which go from zero to a maximum of 1000, has been dramatic.
One Westpac customer saw his credit score with credit rating agency Dun & Bradstreet, which lenders use to judge people's credit-worthiness, rise from a respectable 730 to over 900.
from
http://www.stuff.co.nz/business/money/89742012/Sudden-leap-in-NZ-credit-scores-but-we-re-no-better-with-money
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