If you are wondering how you can check if you are blacklisted in South Africa. Then there are a number of avenues that you can follow to find this information. Firstly the South African credit bureaus give consumers a copy of their record each year at no charge. They have also advised that consumers should request this record annually. In order to ensure that they have not been blacklisted.
As many people do not think that they could have been blacklisted for missing one or two payments but this is often the case.
Check if you are Blacklisted with a Bad Credit Record Check
If you want to find out how to check if and why you are blacklisted then there are companies that will do this for you too.
One such online company is Credit Health who will provide you with a credit check. Should you have a bad credit record. They will supply you with the advice and support needed to improve your credit record.
According to Credit Health there are three are 3 credit bureaus that keep your credit history. TransUnion, Experian and XDS. This company will do a credit check on your behalf with all three bureaus. They will provide you with the information about who blacklisted you.
Being blacklisted is no joke and can have serious implications if you are looking to get credit for any reason. Whether it be for a home loan, or vehicle finance.
So why risk embarrassing situations when you are looking to buy that fabulous house or car. Only to have the bank or the car dealership say that you are on the blacklist.
It is important to keep a record of your credit history. And be aware of any judgement that may have been brought against you. You can either get the free South African credit bureau record. Or go to a private company such as Credit Health to find out how to check if and why you are blacklisted.
Get Free Financial Advice
Finding decent free financial advice can be done online if you are looking for tips on how to deal with money problems. Or facing a bad credit record and the likes.
You want to avoid being blacklisted at all costs as it is something that sticks with you and gives you a bad name for years. Which is not what you want.
We all understand the consequences of the credit crunch. But it still doesn’t mean that you should run yourself into endless debt. As this will just cause you serious problems.
There are plenty of websites on the Internet that offer you advice and even counselling on your debt issues. But it is your job to find the website that best suits you.
Many people think that you can only get proper advice when you pay for it. But this isn’t always the case and it is just finding decent free financial advice that is sometimes the problem.
Banks in South Africa Offer Good Free Finance Advice
You may even get this from your local bank, it all depends on what they offer. And if talking about money problems and tips to help you avoid getting a bad credit record is what they offer, then what is stopping you from visiting a consultant?
Either that or you can use Google. To find which websites are the best to use for counselling and advice on finance matters.
If you are not yet blacklisted, do not let it get to that stage. Rather do what you can to prevent it.
Although the credit crunch affects everyone, it might not be that much of a bad thing as then you can’t borrow money.
You can look online for decent free financial advice as you are sure to come across quite a few options. But then remember to take the advice seriously and put it to use.