Baycorp Advantage (Veda Advantage)

AAA

DEFINITION of 'Baycorp Advantage (Veda Advantage)'

A credit bureau located in Austrailia and New Zealand. This company provides credit scoring and reporting services, as well as marketing analytics. Baycorp was founded in 1956 and is headquartered in Sydney, Australia.

INVESTOPEDIA EXPLAINS 'Baycorp Advantage (Veda Advantage)'

Baycorp Advantage was renamed Veda Advantage when it merged with Data Advantage. The Baycorp collections services division was sold off, although this entity has retained the Baycorp name.

RELATED TERMS
  1. Uniform Consumer Credit Code - ...

    A code of conduct that governs consumer credit transactions. ...
  2. Consumer Debt

    Debts that are owed as a result of purchasing goods that are ...
  3. Credit Report

    A detailed report of an individual's credit history prepared ...
  4. Debt

    An amount of money borrowed by one party from another. Many corporations/individuals ...
  5. Consumer Credit

    A debt that someone incurs for the purpose of purchasing a good ...
  6. Soft Inquiry

    A credit report check that does not affect an individual's credit ...
Related Articles
  1. Credit & Loans

    Should You Close Your Credit Card?

    Find out the consequences before deciding to end your credit agreement.
  2. Credit & Loans

    A Guide To Debt Settlement

    Find out how you can negotiate your way to a lower debt load by paying up front.
  3. Credit & Loans

    Check Your Credit Report

    Make sure there are no errors holding you back from obtaining a loan.
  4. Credit & Loans

    How To Dispute Errors On Your Credit Report

    It just takes some time and effort to rebound from a nasty case of "credit rejection shock."
  5. Options & Futures

    6 Major Credit Card Mistakes

    Avoid these pitfalls to keep your credit score healthy and your debt under control.
  6. Insurance

    Declaring Bankruptcy Is No Easy Out

    Going bankrupt can help pull you out of debt, but it's rarely the best option.
  7. Options & Futures

    Should You File For Bankruptcy?

    Find out how to determine whether this option will help or hurt your financial situation.
  8. Credit & Loans

    Why Your Credit Report Errors Will Now Be Easier To Fix

    Equifax, Experian and TransUnion have reached an agreement to make changes to how they handle credit report errors and unpaid medical bills.
  9. Credit & Loans

    Meet The Company Behind Your FICO Score

    There are other credit scores that evaluate lending risk, but FICO is still the choice of most U.S. lenders.
  10. Credit & Loans

    Terrible Credit Score? Try These Credit Cards

    When your credit is less than stellar you have fewer choices. But some are still better than others. Here's our read on which cards to get.

You May Also Like

Hot Definitions
  1. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  2. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  3. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  4. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
  5. Accrued Interest

    1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, ...
  6. Absorption Costing

    A managerial accounting cost method of expensing all costs associated with manufacturing a particular product. Absorption ...
Trading Center