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What is a Credit Report? Why is it so important? Your   Crediclean   Credit   Report   will   show   you   exactly   what   information   has   been   collected   by   your   credit   providers.   A   credit   report   provides   reliable   and   detailed   information   about your   credit   history   up   to   the   present   day.   According   to   the   National   Credit   Regulator   Act   banks,   building   societies   and   credit   providers   will   use   this   reliable   information   to   decide whether to give you credit or not. When   you   decide   to   make   an   application   for   credit,   your   credit   provider   will   check   your   personal   credit   report   with   the   3   main   credit   bureaus,   Experian,   XDS   or   ITC   Transunion. Most   credit   providers   will   take   the   information   found   in   your   credit   report   and   pass   it   through   their   own   criteria.   This   gives   them   an   accurate   picture   of   whether   you   are   credit worthy or not.  Based on this final evaluation they make the very important decision to offer you the finance you need or not. Statistically   it’s   shocking   to   know   that   only   1%   of   active   credit   users   check   their   credit   report   on   a   regular   basis   to   make   sure   their   credit   report   is   an   accurate   record   of   how   they manage their debts. Are you one of the 99% of people who doesn’t know their credit score? If so, you can fix this immediately with Crediclean.co.za What you may not know is that you can legally get your credit report for free once per year. One   of   your   greatest   assets   now   and   in   the   future,   is   to   have   a   good   credit   score.   And   to   make   sure   that   you   protect   it   and   keep   it   safe   and   healthy.   If   you   do,   your   credit   providers will be only too happy to give you whatever finance you need for the things you want. To   be   one   step   ahead,   you   must   know   and   understand   your   credit   history   to   recover   and   protect   your   credit   worthiness.   Crediclean.co.za   can   do   all   the   hard   work   for   you. Crediclean.co.za   will   review   your   credit   report,   help   you   to   understand   your   credit   history.   And   provide   solutions   if   necessary   and   get   you   to   the   sweet   spot   of   superior   credit worthiness sooner rather than later. Creditclean.co.za   will   make   this   available   in   clear   and   easy-to-read   formats   that   you   will   use   to   make   good   financial   decisions   in   the   future.   A   good   credit   history   protects   you,   your family and your most valued possessions. All   active   credit-users   have   a   credit   report   which   is   updated   every   30   days   by   one   of   the   main   3   credit   bureaus.   The   updates   are   created   by   receiving   information   sent   by   all   credit providers that you have accounts with. But   your   credit   report   also   shows   any   and   all   defaults   too.   If   you   have   missed   a   payment   or   are   in   arrears.   Unfortunately,   these   defaults   decrease   your   credit   score.   Your   credit report also shows how many times you have applied for credit in the last 2 years. Your credit report also shows if you have court records against your name such as judgements. When   you   regularly   review   your   credit   report   and   stay   on   top   of   your   credit   status   you   make   sure   it   is   accurate.   This   makes   sure   that   you   manage   the   credit   information,   protect yourself against fraud and prevent identity theft. If you have a credit account, loan or are seeking finance for that dream holiday, new car or home improvements, getting your credit report is the first step to your success. Crediclean.co.za makes this convenient, easy and affordable to manage and review your credit report and get you to where you want and deserve to be. Crediclean.co.za can lead the way CLICK THE LINK BELOW NOW YOUR CLEAN CREDIT JOURNEY STARTS HERE http://www.crediclean.co.za/credi-clean-contact-details-south-africa.htm  
Understanding Your Credit Score Equals Success Your   credit   score   and   credit   report   is   the   only   way   your   credit   providers   measure   their   risk   when   deciding   to   take   you   on   as   a   client.   Your   credit   score   and   report   tells   them   how you   have   managed   your   finances   in   the   past.   They   will   determine   from   your   credit   score   and   report   whether   to   approve   or   decline   your   application   or   whether   to   increase   your credit limit or not. So   many   people   think   their   Credit   Bureau   score   is   just   a   number.   That   it   is   not   an   endorsement   of   you   personally.   That   it   doesn’t   determine   if   credit   and   service   providers   give   you credit or not. So, what the heck, you don’t really have to worry about it or know what it actually is? Right? WRONG! Your   credit   score   is   designed   to   show   you   by   way   of   the   actual   number   what   your   strengths   and   weaknesses   are   in   the   credit   report.   It   shows   you   how   your   personal   credit worthiness   compares   to   other   people.   Most   credit   providers   have   their   own   criteria   to   decide   what   your   credit   risk   score   is   for   them.   But   before   they   make   that   decision   they   will use   your   credit   score   and   report   from   one   of   the   3   main   credit   bureaus   Experian,   XDS   and   ITC   Transunion   as   the   foundation   on   which   they   decide   to   accept   or   decline   your application. Your   credit   score   and   report   alongside   your   employment   record,   the   income   and   affordability   assessment   together   with   what   type   of   credit   you   are   looking   for   will   all   affect   the outcome of your credit application. The   credit   score   is   calculated   by   the   bureau   by   using   a   formula   which   assesses   how   well   or   badly   you   pay   your   bills,   how   many   accounts   you   have   and   how   much   debt   you   are carrying and how that compares to other borrowers and credit consumers. In that single number – your personal credit score – the credit provider can see exactly how you are managing your existing credit. So, it makes sense that the higher the score the better. For Experian and TransUnion for example the score can range from 1 to 999. A poor credit score would be less than 615 and an excellent score between 918 and 999. In between 616 and 917 you can score a rating from fair, to good to very good. All your credit information and credit history will contribute towards the calculation of your personal credit score. Therefore,   when   you   want   to   apply   for   credit   to   buy   a   new   home   or   car,   improve   your   lifestyle   or   increase   your   credit   limit,   your   credit   score   is   a   very   important   guideline   that   your credit providers use to make their decision. If you have a poor or fair score this indicates that you have some work to do to improve your credit risk rating. Crediclean.co.za   can   help   you   to   increase   your   personal   credit   score   and   your   credit   risk   rating.   So   that   your   applications   are   granted   and   you   succeed   in   achieving   your   financial goals and chosen way of life. Your   credit   score   can   also   show   up   any   mistakes   that   have   been   made   on   your   personal   report. There   may   be   a   problem   with   the   information   held   in   your   report.   Your   credit   score and report can show you if you need to investigate and possibly challenge the information in your credit report BEFORE you apply for that all important loan or account. Crediclean.co.za will lead the way CLICK THE LINK BELOW NOW YOUR CLEAN CREDIT JOURNEY STARTS HERE http://www.crediclean.co.za/credi-clean-contact-details-south-africa.htm  
Crediclean.co.za Will Monitor Your Credit Score And Do The Hard Work For You It’s   never   going   to   be   fun   finding   out   about   inaccurate   information   held   in   your   credit   report,   especially   when   a   potential   credit   provider   finds   out   about   it   before   you   do! Embarrassing to say the least, not to mention disappointing when you are applying for that all-important credit account or loan. Every   South   African   consumer   is   legally   entitled   to   a   free   copy   of   their   personal   credit   report   every   12   months.   But   is   that   enough?   With   the   risk   of   identity   theft   and   internet   scams and virtual hacking of your portable devices – you are always at risk. By   subscribing   to   a   credit   monitoring   service,   you   will   be   alerted   immediately   if   any-one   has   tried   to   steal   your   identity,   apply   for   a   loan   in   your   name   or   tried   to   secure   a   credit account of any kind in your name. Of course, you are the only one who can determine if it’s something that you need, but it could be your only safety-net when you least expect it. Just   imagine   what   would   happen   in   the   following   scenario,   taken   from   a   real   case   history.   On   the   surface,   it   may   seem   to   end   well,   but   in   truth   it   has   opened   a   whole   can   of worms, which lead to a number of really serious problems down the line. It   all   starts   with   a   mishap.   Maybe   you   accidentally   lose   your   wallet   or   purse.   Or   perhaps   you   have   been   pickpocketed   or   your   handbag   or   briefcase   has   been   stolen.   A   few   hours later   a   good   Samaritan   has   recovered   your   property,   has   managed   to   trace   you   and   makes   arrangements   to   return   your   belongings.   When   you   recover   your   item,   you   are   delighted to   see   that   everything   is   intact   -   store   cards,   credit   cards   and   driver’s   license.   Although   the   cash   is   gone,   it’s   a   small   price   to   pay   for   recovering   the   rest.   Having   rewarded   the   good Samaritan, you tell all your friends and spread the news on social media just how lucky you were. End of Story! But   it   is   very   far   from   over!   Because   in   reality   during   the   time   that   your   belongings   disappeared   and   are   returned,   someone   has   had   the   opportunity   to   take   down   all   your   details and discard the item where the good Samaritan has found it. Using   the   information   found,   your   name   on   all   your   cards,   your   ID   number   on   your   driver’s   license   and   any   little   notes   that   you   keep   in   your   wallet   just   in   case   of   emergency, anyone finding the item can trace you. The thief (or thieves) will then start pretending to be you! For   starters,   they   call   all   your   credit   customer   service   representatives   and   state   that   you   have   moved   to   a   new   address   and   have   a   new   cell   phone   number.   And   that   you   have   also got   a   new   email   address   with   work.   The   customer   service   agent   will   go   through   the   normal   verifications   such   as   old   address   and   phone   number   and   hey   presto!   The   account   is now theirs! And to your credit company, you’ve simply moved house. Very   stealthily   the   thieves   begin   using   the   credit   card   mostly   online   or   over   the   phone   as   you   have   the   card   in   your   possession. They   fly   under   the   radar   and   don’t   max   out   the   card either,   at   least   for   a   short   time.   By   the   time   your   bill   is   due   the   following   month,   it   will   be   sent   to   the   thief’s   address,   and   the   online   statement   to   the   thief’s   email   address.   Life   is hectic   enough   and   if   you   are   busy   managing   other   cards,   bills   and   finances   you   may   assume   that   the   bill   will   come   later.   Needless   to   say,   the   credit   card   company   hasn’t   notified you about any suspicious activity either. Your bill is never received by you and you may have forgotten about the statement not arriving in the month as well. The   credit   card   or   store   card   company   updates   the   3   main   credit   bureaus   of   the   late   payment   within   30   days.   And   this   begins   to   affect   your   credit   score   and   your   credit   rating   will begin   to   suffer   and   decrease.   Without   credit   monitoring   or   checking   your   score   regularly   this   could   go   on   for   a   few   months.   And   the   thieves   will   continue   spending   and   creating even more trouble for you. Eventually you will discover the fraud, but depending on how long it has been going on the more hassle it is to repair the damage. But   if   you   had   a   reputable   company   monitoring   your   credit   report   for   you.   Would   you   have   stopped   it   sooner?   Yes,   very   possibly.   Crediclean.co.za   provides   you   with   the   advantage of   keeping   in   touch   with   all   the   updated   information   held   in   your   credit   report   and   checking   your   credit   score   more   than   once   per   year,   with   credit   monitoring   you   can   determine the frequency of the review, once per month for individuals or for large companies once per week. In this scenario, we have described a very real and dangerous fraud called “Account Takeover” It   is   a   very   real   crime   and   is   becoming   more   and   more   popular   because   the   victim   may   not   become   aware   of   the   fraud   for   some   time.   Because   of   the   popularity   of   internet shopping   you   no   longer   need   the   actual   card   to   make   a   purchase   on   line.   If   you   have   the   name   on   the   card,   the   long   number,   expiry   date,   the   billing   address   (now   the   thief’s address) plus the 3 digits on the back of the card, the thieves will be surfing and purchasing at the expense of your credit score and report. Crediclean.co.za   will   provide   an   extra   level   of   security   as   the   service   will   check   your   credit   report   and   score   every   30   days.   Your   credit   card   company   may   have   noted   the   change of   address   to   the   card   and   the   late   payment.   Crediclean.co.za   will   be   alerted   to   these   changes   straight   away   and   notify   you   of   this   suspicious   activity   whereby   saving   you   a   lot   of time and trouble. Crediclean.co.za credit monitoring is a dependable and reliable service which will alert you when something in your report has changed. Crediclean.co.za will lead the way CLICK THE LINK BELOW NOW YOUR CLEAN CREDIT JOURNEY STARTS HERE http://www.crediclean.co.za/credi-clean-contact-details-south-africa.htm  
Identify Theft – Prevent it and protect your credit People affected by Identity Theft will quickly come to understand that not all the information held on their credit report accurately reflects their personal financial behavior. It   has   now   become   common   knowledge   that   every   two   seconds   some-one   has   their   identity   stolen.   Identity   theft   is   now   one   of   the   fastest   growing   crimes   in   the   world,   fueled   by the   popularity   of   internet   shopping,   virtual   banking   and   the   use   of   smart   phones   and   portable   devices.   Yet   there   are   many,   many   people   who   do   not   believe   that   they   are   at   risk until it’s too late. And find out their credit worthiness has been obliterated in the process. Identity   theft   has   also   become   widely   known   as   “the   silent   crime”   simply   because   it   can   go   undetected   for   months,   sometimes   even   years   resulting   in   the   victims   of   identity   theft having huge debts run-up in their name. In   many   cases   identity   theft   only   becomes   known   to   the   victim   when   the   letters   for   late   payment   of   final   demands   begin   arriving   for   debts   they   know   absolutely   nothing   about.   It is   also   often   the   case   that   identity   theft   comes   to   light   when   the   victim   applies   for   a   line   of   credit,   a   loan   or   a   credit   account,   only   to   find   their   credit   score   and   report   has   been destroyed. In   a   recent   television   documentary   (April   12th)   an   undercover   journalist   from   MNet’s   Carte   Blanche   exposed   a   sophisticated   identity   theft   syndicate   operating   out   of   Soshanguye, near   Pretoria.   They   discovered   that   fake   identity   documents   and   fake   profiles   could   be   bought   for   as   little   as   R3000,   depending   on   the   level   of   credit   rating   and   identity   of   the victim. The   level   of   sophistication   of   this   syndicate   was   astonishing. The   stolen   identity   and   credit   profile   included   an   ID   document,   proof   of   address   and   bank   statements.   In   fact all   the   required   documents   some-one   would   need   to   open   a   credit   account   or   apply   for   a   loan.   The   undercover   reporter   was   then   able   to   go   on   to   purchase   a   top   of   the   range motor   vehicle.   But   having   your   identity   stolen   doesn’t   end   there   as   these   fake   profiles   can   be   used   to   open   a   cell   phone   account,   buy   expensive   items   such   as   jewelry   or   everyday items such as food and groceries. There   are   different   methods   that   thieves   use   to   steal   your   identity   from   hacking   into   sites   where   you   are   making   a   cyber-purchase,   to   intercepting   your   banking   details   on   your smartphone   or   tablet   as   well   as   searching   your   social   media   profiles;   it   is   also   a   known   fact   that   some   criminals   steal   mail   out   of   your   postbox,   or   go   through   your   dustbin looking   for   any   printed   documents   which   contain   your   personal   details.   If   fact   any   printed   or   electronic   document   which   contains   your   personal   information   places   you   at   risk   of identity theft. It   is   therefore   really   smart   thinking   if   you   can   stay   one   step   ahead   of   the   criminals   and   prevent   these   sophisticated   syndicates   from   getting   access   your   personal   details.   Are   you taking steps to protect your identity and personal information? Crediclean.co.za will help to protect your identity and restore your credit with their reliable and dependable services. Crediclean.co.za   strongly   advises   to   make   sure   all   your   private   correspondence   remains   that   way.   Lock   your   postbox,   don’t   throw   any   bank   statements,   personal   letters   or   bills away without shredding them first and ensure that you protect your online presence by regularly changing your passwords. Here  are some of Crediclean.co.za hints at protecting your online identity by creating strong passwords. Have separate passwords for all your online accounts, so if they have one they can’t hack any of your other accounts. Don’t make them too obvious like this 987654321 or 123456789 They should be at least 6 characters long - ideally 8 or 10 containing, capital letters as well as numbers and symbols. m1sP18ceD – “Misplaced” for example. Chose something random and completely obscure. Never use your own name. Try using misspelling for strong passwords. Goodnight becomes G0*dN1h8t Use a favourite sentence – “Time stands still for no man” Using the first letters Example TsSfNM or the last letters example EsLr0N add your favourite numbers to increase their strength -  007 Example 0TsS0fNM7 or 0Es0Lr0N7 Crediclean co.za hopes you will benefit from these hints and continue to protect your identity. In   all   circumstances   when   some-one   applies   for   a   credit   account   or   loan   that   enquiry   is   noted   on   their   credit   report   with   one   of   the   credit   bureaus   Experian,   XDS   or   ITC Transunion.   In   order   for   you   to   be   able   to   efficiently   and   quickly   detect   if   your   identity   has   been   stolen   or   compromised   is   to   regularly   review   your   credit   score   and   report   to   look for anything suspicious. Crediclean.co.za   can   provide   you   with   all   the   information   you   require   to   protect   against   identity   theft   and   if   you   are   one   of   the   unlucky   victims   who   has   suffered   at   the   hands   of these criminals. Crediclean.co.za will provide a reliable and dependable service to restore your credit score and recover your credit worthiness. Crediclean.co.za will lead the way CLICK THE LINK BELOW NOW YOUR CLEAN CREDIT JOURNEY STARTS HERE http://www.crediclean.co.za/credi-clean-contact-details-south-africa.htm  
Oh No I Think I’m Blacklisted Help Me Now! When   starting   to   look   at   your   credit   score   and   report,   you   may   come   across   part   of   your   credit   history   that   shows   up   some   long-gone   bad   credit   decision.   These   influences   can be   the   ones   affecting   your   current   credit   score   and   rating.   Resulting   in   a   less   than   perfect   credit   score.   But   the   good   news   is   that   even   if   you   have   made   some   financial   mistakes in   the   past   your   credit   score   and   credit   worthiness   can   be   improved.   Crediclean.co.za   can   help   you   remove   the   negative   factors   on   your   credit   report   and   help   you   to   handle   your credit more responsibly both now and in the future. You   may   have   come   across   the   term   “Blacklisted”   or   “Blacklisting”   as   a   fairly   common   term   among   South   African   consumers.   This   is   a   very   old-fashioned   term   and   is   very misleading as well. It dates back to the time when credit bureaus only kept the negative information regarding your credit rating and worthiness. Importantly   the   3   main   credit   bureaus   Experian,   XDS   and   ITC   Transunion   now   hold   the   positive   and   negative   financial   information.   Today   the   credit   service   providers,   such   as banks,   building   societies,   retail   stores,   cell   phone   operators   make   use   of   the   credit   bureau’s   services.   The   bureau   holds   a   record   of   all   the   credit   accounts   you   operate   and   how you   are   managing   your   payments   and   finances.   This   service   is   extremely   useful   for   predicting   how   you   as   the   credit   consumer   has   behaved   with   your   finances   and   when   you apply for credit your credit score determines if you are a low risk credit consumer, which gets you the all-important loan or credit account. If you have struggled in the past and you are aware what your credit report contains. There are several ways that you can improve your credit report and score. Crediclean.co.za can definitely help you on the path to repairing your credit report. Ignoring the problem will only make matters worse and add to your difficulty. Crediclean.co.za will lead the way CLICK THE LINK BELOW NOW YOUR CLEAN CREDIT JOURNEY STARTS HERE http://www.crediclean.co.za/credi-clean-contact-details-south-africa.htm  
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 © Copyright 2017 All Rights Reserved   | Crediclean