Credit checks

In the last couple of months BNZ has done 2 personal credit checks - both non lending - and would want to do another one if I applied for a mortgage. While BNZ is not high on my list of banks to seek a mortgage from (after my recent experience) this “trigger happy” credit checking is making it even more unlikely.

Every check takes 8 points of a credit score. Shop around and it doesn’t take much for a credit score - even a good one - to go down by 10’s of points and risk hitting the next down borrower band.