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Where you live may determine how much you can borrow | The Business | ABC News

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Published on 07 Feb 2022 / In News & Politics

Credit scores are used by banks to determine if people should be given credit cards, overdrafts and mortgages. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3B0X9xQ But there are concerns about Australia's biggest provider, Equifax, using data on how people in certain areas pay money back. Consumer advocates say people are being judged on the behaviour of their neighbours and could be paying more for loans than those in wealthier suburbs. Daniel Ziffer reports. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more content from The Business ad-free on iview: https://iview.abc.net.au/show/business Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia

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