Media Release – Tuesday 3 February 2015
Hi, can I have your number?
Veda’s guide to finding a Valentine’s date on the Sunshine Coast
Sydney, Australia: Tuesday 3 February 2015 – Pick-up lines might make you cringe, but ‘Hi, can I have your number?’ is a
conversation starter that could connect you with a financially stable future partner.
According to credit agency Veda, one little (or big) number in the form of a credit score will tell you a lot about a person’s
reliability and trustworthiness when it comes to money.
This Valentine’s Day Veda is playing cupid to help love seekers look in all the right places to find their perfect financial
match.
Analysis of VedaScores for the Sunshine Coast shows the Caloundra Hinterland is the place to start your search, with a
Very Good average VedaScore of 820. A date with a love interest from Diddillibah or Rosemount is not one to turn down
either, rating average VedaScores of 810.
If you need some help applying your sunscreen, scout for a hand at stunning Golden Beach, Pelican Waters, or Noosaville
- also stand out locations to land yourself a love interest with responsible financial behaviours.
Veda spokesperson Belinda Diprose said: “Singles on the Sunshine Coast searching for their perfect financial match
needn’t look further than their own backyard. Beaches out of magazines, wonderful company and great numbers are set
to make it a memorable Valentine’s Day this year.”
A VedaScore is a number between 0 and 1,200 that summarises information on your Veda credit report at a specific point
in time.
“Financial stability isn’t just about how much money you have. Having careful financial practices is as important for long
term financial freedom,” Ms Diprose said.
“Every time you apply for credit, a personal loan or pay a bill it contributes to your overall credit history and VedaScore.
This is used by lenders to judge your risk and reliability, so it’s a major player in whether you’ll be able to access credit in
the future.
“’What’s your number?’ takes a whole new meaning this Valentine’s Day – a potential partner’s level of financial stability
is an important factor in compatibility,” she said.
On average Australians have a healthy credit profile; in 2014 the national average VedaScore was 760 (classified in the
Very Good category), up from 751 in 2013.
Being vigilant about paying bills, like phone bills and credit cards, could impact a person’s ability to access credit. Over
time, positive credit behaviour will become essential to negotiate a better deal.
“It’s more important than ever for Australians to understand what’s on their credit report and what their credit score is in
order to get a better deal. Lenders have started releasing products that offer the best interest rates to those with the best
VedaScores,” Ms Diprose said.
Consumers can access and actively manage their credit record and VedaScore, as well as the items on their credit report
that contributed to their score being good or bad, through Veda’s consumer online portal at www.veda.com.au.
Table 1: Perfect Financial Match on the Sunshine Coast
Region
Town
Average VedaScore 2014
Ranking
Sunshine Coast
Caloundra Hinterland
820
Very Good
Sunshine Coast
Diddillibah
810
Very Good
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Sunshine Coast
Sunshine Coast
Sunshine Coast
Sunshine Coast
Sunshine Coast
Sunshine Coast
Sunshine Coast
Sunshine Coast
Rosemount
Golden Beach
Pelican Waters
Noosaville
Buderim North
Maroochydore
Hinterland
Buderim South
Glass House
Mountains
810
Very Good
804
Very Good
804
Very Good
800
Very Good
794
Very Good
791
Very Good
791
Very Good
790
Very Good
Based on Veda analysis of 955,000 VedaScores
For more information about credit scores visit:
http://www.veda.com.au/yourcreditandidentity/check/vedascore
For more information please contact:
Annalise Bertram, 02 8204 3761, annaliseb@thepopagency.com
About Veda
Veda (ASX:VED) is a data analytics company and the leading provider of credit information and analysis in Australia and New Zealand.
From its core credit bureau business established in 1967, Veda has expanded to deliver a suite of credit and other analytical products
targeted to specific industry segments.
Veda is built on the largest, most comprehensive and current data source in Australia and New Zealand with information on over 20
million credit active people and 5.7 million commercial entities. The breadth and depth of our data, and the knowledge it delivers help
customers take a proactive and informed approach in making decisions.
Veda’s customers use data intelligence provided by Veda to make decisions on credit risk, verify identity and employee background,
reduce identity theft and fraud, and undertake digital marketing strategies. www.veda.com.au
DISCLAIMER
Purpose of Veda media releases:
The information in this release is not intended to provide guidance or commentary as to Veda’s financial position nor does it constitute
legal, accounting or other professional financial advice. To the extent permitted by law, Veda specifically excludes all liability or
responsibility for any loss or damage arising out of reliance on information in this release including any consequential or indirect loss,
loss of profit, loss of revenue or loss of business opportunity.
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