Are you a Real estate professional? Go to credit check report.
Your credit report serves as a record of how you conduct your finances with regards to credit accounts. It is the report which an organisation will access when deciding whether they to approve your application for credit or financing.
SAPTG offers a quick and easy credit report that lets you review your details as recorded at a leading South African credit bureau. The report itemises:
- Personal details - Name, Birthday, ID Number
- Contact details (addresses and telephone numbers)
- Employment details (employer and occupation)
- Count of the number of accounts, enquiries, judgements, notices, bank defaults, defaults, collections, directorships, employers, addresses and telephone numbers linked to your credit bureau listing
- Credit score
- ID verification details
- List of organisations that have made enquiries to assess your creditworthiness
What does the credit score mean?
The credit report incorporates a credit score has been developed by Experian and is based entirely on your credit history. The score gives you an idea of how your credit report may influence the outcome of an application for credit. The range of credit scores given are: Excellent: 700 and above, Good: 650, Poor: 550 and below.
An excellent rating suggests that you will most likely find it easier to borrow money or purchase goods on credit, while a poor rating indicates that you may find it difficult to access credit. The credit score as reported on the credit report is only a guide; it is not a guarantee that you will or will not be granted credit. The granting of credit is made at the sole discretion of the lender. Each lender analyses the application against their specific "scorecard" which will vary from organisation to organisation. What the credit report does give you is an instant means to determine how your credit report is viewed by lending organisations and whether you have any obvious "negative marks" which should be addressed before a bond application is submitted.
Get your Credit Report right now.