Version 4.0 of the Data Standard will be implemented by Credit Reporting Bodies during 2023, scheduled to go live 1 April 2024.
Version 3.0 of the Data Standard has been adopted by Credit Providers during 2022 and 2023, enabling reporting of Hardship information, which became mandatory when reporting CCR from 1 July 2022.
Version 2.0 and 2.1 of the Data Standard are being retired in 2023 (as for Version 1.0).
OVERVIEW
The Australian Retail Credit Association (ARCA) aims to promote responsible lending and establish a benchmark for best practice in consumer credit management through reciprocal sharing and use of this credit information and data. ARCA’s primary objective is to develop industry codes and standards in relation to the use of information across the retail credit industry.
In continuing to uphold these objectives, the ARCA Data Standards Work Group has developed the Australian Credit Reporting Data Standard and Schema which will be available to credit providers and credit reporting bodies upon request. This document details the requirements for reporting credit accounts, and events relating to those accounts, between Credit Providers and Credit Reporting Bodies in Australia.
CHANGE CONTROL NOTIFICATION PROCESS
Once you have registered to receive the Australian Credit Reporting Data Standard and Schema, your details will be retained to ensure we can notify you of future updates and versions. If you do not wish your details to be retained for change notifications, please email [email protected].
Should you have any questions or require assistance, please contact ARCA via email at [email protected]. Also, the Credit Reporting Body/ies you obtain products and services from will be able to assist with specific data exchange queries.
FREQUENTLY ASKED QUESTIONS
The FAQ section formerly included in the ACRDS can now be obtained as a separate document here. Please check this first for any questions you have about the Data Standard.
REQUEST A COPY
To request a copy of the Australian Credit Reporting Data Standard (ACRDS) and Schemas (or contact the Data Standards team specifically about Data Standard's operational issues), complete your details below.
