WHAT IS A CREDIT REPORT?

A credit report is information about an individual or organization that is relevant to a credit provider or trade lender in determining if that individual or organization is credit worthy.

HOW DO I GET A COPY OF MY CREDIT REPORT?

You can access your TransUnion Credit report, once a year, for FREE. The National Credit Regulator mandates all bureaus to allow consumer’s access to their credit report yearly so that you know the status of your credit.We prefer not to order a credit report on your behalf as we do not wish to list an enquiry on your credit report. But if you struggling to get one we will get it for you for R200.

WHO ARE THE MAIN CREDIT REPORTING AGENCIES IN SOUTH AFRICA?

There are three main agencies, but there’s a lot more:

• Transunion
• Experian
• Equifax

HOW MUCH DOES IT COST TO REPAIR MY CREDIT FILE?

If we do not improve your situation we do not charge a fee. It is our belief that you should not be charged if we cannot guarantee an improvement in your financial security. So if we’re unable to restore your credit score to a high standard, there’s no need for you to be paying us.

Speak with us today about how we can improve your life by restoring your credit worthiness.

ARE CREDIT REPAIR COMPANIES TRUSTWORTHY?

In some cases no. Some credit repair or credit restoration companies offer credit repair services without having formal qualifications or specific training in this complex field. Our team of specialist professional are highly trained, which gives you the best chance of achieving a clean credit file. We are open about our dealings and keep you informed about our methodology, and actions taken on your behalf, along every step of the way. If there’s any action on our part that you’re uncomfortable with, we believe in resolving it through open discussion. Most importantly, we take full accountability for our processes and their consequences.

WHAT TYPE OF LISTINGS APPEAR ON A CREDIT REPORT?

• Defaults
• Judgments
• Credit enquiries
• Previous directorships e.t.c

WHAT CAN BE IMPROVED ON A CREDIT REPORT?

Only disputable, incorrect or inaccurate listings may be disputed, therefore improving your credit file. Please note any and all listings which relate to bankruptcy are not removable. However, apart from bankruptcies, all your defaults, judgements, credit infringements and repayment records can be repaired by a credit repair firm.

With the amount of statistical inaccuracy prevalent in credit reports, a credit repair organization can effectively bolster your credit profile, allowing you loan options at much more favourable rates of interest.

HOW LONG DOES IT TAKE TO REPAIR A CREDIT REPORT?

Each case is different. However, we aim to improve your credit file within 5 to 21 days. In most cases this is achievable. Some complicated cases do require extra attention and a protracted duration in order to process the errors and correct them adequately. However, even seriously disputed cases are sought to be resolved within a 30 day period.

CAN I REPAIR MY OWN CREDIT FILE?

Yes you can. However firms like SA Credit Clear specialize in this complex field, and as such may achieve results for you in a quicker more time efficient manner. The complex world of credit reporting and monitoring, with specific equations devised by banks, makes it challenging for a consumer to understand just where he’s going wrong. This is where SA Credit Clear steps in, providing customized solutions to improve the customer’s credit score effectively.

WHAT ARE THE BENEFITS OF IMPROVING MY CREDIT PROFILE?

• Borrowing money at a competitive rate of interest.
• Being able to open trade accounts.
• Having your credit report reflect your true credit position.
• Not having to apply for bad credit or non conforming loans.
• Not having to offer explanations as to why defaults or judgments appear on your credit report.

Having a favourable line of credit is one of the most essential things in today’s scenario. A good credit score can go a long way in granting you peace of mind whilst dealing with financial obligations and commercial ambitions.

WHAT DO I DO IF I HAVE QUESTIONS?

Simply give us a call for a no obligation confidential chat.

Make an online express enquiry now or contact us for a no obligation chat.

Call us on 011 0222778 or 011 0222836 or send us an email on info@sacreditclear.co.za