Posted by: Anonymous | 2016/06/13 10:10
I was under debt review and I withdrew 5 years ago due to my salary was reduced as I got new job. The prev company I worked for was shut down and I managed to pay all my creditors with my little provident fund I had except Standard bank.
I have been checking my ITC report for the past two years and I have noticed that some of my loans (which I took 8 years ago) don't show on all 4 different reports. I would like to find out what is the cause of those 4 loans not showing on my yearly report.
I am busy paying (lowest min money I have) them with 3 different lawyers which are collecting the debt for Standard bank. All 4 loans are from Standard bank (2 x credit cards and revolving credit loan and overdraft). All 4 loans are totalling to about R140 000.
My credit score report show that I am good now previous year was showing I was fair which is stating I am going up. Thanks
Posted by: Rulane Bakane | 2016/06/17 11:05
The reason behind those accounts not reflecting on your credit report is
due to the course that they are now being administrated by attorneys. Most attorneys
don’t update client account with credit bureaus.
If you were not making payment they would have processed with legal
action to obtain a judgement on your name which would be reflecting on your
A “good” credit score depends on the scoring system used by your
particular lender. Different scoring systems use different scales. However, if
you have a good credit score from one of the credit reporting agencies, you are
likely to have a good credit score with your lender.
Most credit scores fall between 600 and 750
A score above 700 usually suggests good credit management
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