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.