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Tip: Click on the BOOKMARKS TAB to show / hide navigationThis syllabus is current as of March 2002. The Office of the Board of Studies NSW website may have a more current version available to download.
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National credit and screening refers to the process of assessing an individual's creditworthiness and background through national databases that compile financial and personal information.
Entities such as lenders, landlords, employers, and financial institutions are typically required to file national credit and screening to evaluate the eligibility of applicants.
To fill out national credit and screening, collect the necessary personal and financial information from the applicant, complete the required forms provided by the relevant authority, and submit them to the national credit reporting agencies.
The purpose of national credit and screening is to evaluate an individual's credit history and reliability, helping organizations make informed decisions regarding lending, leasing, and employment.
Information that must be reported includes the applicant's full name, Social Security number, address, credit history, payment behavior, and any legal judgments or bankruptcies.
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