What Is Bad Credit and How do you erase It
Bad Credit
Bad credit also known as blacklisting generally describes a record of past failures to keep up with payments on your credit agreements, resulting in creditors declining you for consolidation/personal loans, urgent loans and credit cards because of very bad credit report . It typically means you haven’t paid your creditors and other credit obligations on time, or haven't paid them at all. Your credit report also takes into account public records such as bankruptcies, or legal judgments against you. Companies called credit bureaus (also referred to as credit reporting agencies) collect your credit history and compile it into a credit report. Your credit history and scores could vary among them, due to errors or omitted information.
we have experience & proven
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Clear Your Name From
itc
Have you been declined car finance, quick loan or a home loan for that dream house you dearly wanted?
Have you been denied that beautiful car you had your eye on for the last year?
Have you been denied a personal/consolidation loan facility you urgently needed to pay for school fees because of poor bad credit information held by the credit bureau?
Have you been turned downed that awesome job opportunity because of your bad debt loans held by the credit bureau?
Constantly declined loans and credit cards?
If you answered YES to any of these questions, badcredit.co.za can help turn that dream house, car, job or loan facility into a reality.
Being listed on the credit bureau and having a bad credit report is a familiar experience for many South Africans. Often credit checks bring up long-forgotten bad credit decisions which the credit bureau never forgets, so your bad credit report follows you everywhere. But that low credit rating can change. We can help with credit clearance and offer you a way to get a credit report to be proud of.
Contact us today and let us start the process.
credit repair
services
is paying creditors INCREASINGLY becoming difficult? may be
debt review can help
So you had financial difficulties in the past that affected your ability to honour your obligation towards creditors and these creditors hand you over to debt collecting agencies and lawyers.
It is horrible receiving phone calls during working hours and you have to give them a commitment right there and then while everybody is listening in the office that you promise to pay a certain amount a month. Even worse is when you are exhausted and you get home from a busy day at the office and just as you are in the middle of your family supper the phone rings and guess what it's the inexperienced debt collector on the phone trying to make their target without listening to reason.
It is irritating and degrading and not to mention the unpleasant demand letters from lawyers. Unfortunately, the problem will not go away by simply ignoring it instead the problem will just get bigger and you will land up with extra interest being charged and the dreaded legal fees. In the end because of the contract that was signed years ago with all that small print you will have to pay and if it does not get paid you will possibly land up with your possessions being taken away, garnishee orders initiated against your salary or even your house being repossessed.
looking for a
solution?
info@badcredit.co.za
84 albertina sisulu road,
Johannesburg, Johannesburg central, 2000
087 808 9808