data provider). Your credit score is calculated by a credit bureau. Their reports are supposedly issued to them by Experian they in turn pass them on. Other information, such as court judgments against you or whether you are undergoing debt review, are also sent to the credit bureaus and form part of your credit report. We don’t calculate the credit score you see on your ClearScore report. Why has my score gone down? Hand crafted with ♥ in Cape Town. Did you know that companies who give out free credit scores use your personal information to sell you financial products? Login Here's what you need to know about South Africa’s four main credit bureaus To look after your credit score, it’s important to get a full picture of your finances. Your credit score is categorised into bands- We get your score from Equifax, and their score range s from 0-700. We’ve started this journey by giving everybody access to their free credit score and report, forever. A higher score means that your application for credit is more likely to be accepted. Does checking my score with ClearScore decrease it? South Africa. There are a number of things that you can do to improve your credit score like paying your bills on time, keeping balances low on credit cards, and paying off your debt. home. Your credit score is based on your credit report, which is a record of your credit history and how you’ve managed your finances in the past. Scores range from 300 to 850 with the higher scores being more positive. What can affect my score? We started this journey by giving everybody access to their free credit score and report, forever. In other countries like the UK and the UK there are multiple services like this you can choose from. Clear Score is a credit bureau that offers free credit reports and scores. Looking bright. Leave a Comment Cancel reply. When you have a point of 700 or above, you are considered to have good financial health, and when you have a … This can range from 0 - 705, with 705 being the highest. They don't update their information on my true credit status, and when they update, they are not accurate, it seems they are deliberately intending to damage customers credit record. Also, different lenders are looking for different things, so you might get refused credit by one lender and accepted by another. At ClearScore, we show you your credit score provided to us by Experian (our data provider). But ClearScore first TVC that was specifically produced for South Africa sheds a more relaxed light on finding out what your credit score is and how it impacts on the deals you can get from banks and other credit providers. A low credit score may make it more difficult to get credit. clearscore suggests you your equifax credit score. I saw this advert on television about getting free credit report for free, clear score I registered very easy to register. Understanding what makes a good and bad credit score is the first step to being accepted for credit (and at the best rates). We show you the information lenders know about you, so that you can fix mistakes and improve your score. So, what is a good credit score? Why is my score zero? in Cape Town, Clearscore (PTY) Limited You’re also more likely to be offered the best interest rates and higher credit limits. They don't update their information on my true credit status, and when they update, they are not accurate, it seems they are deliberately intending to damage customers credit record. Secondly the information they use to draw up you’re score comes from a 3rd party, after contacting that party and retrieving my information shows that clear score is not conducting there service correctly, falsifying held information and massively reducing what my score is on their service. Find a wide range of offers tailored to your score in the ClearScore marketplace. When it comes to applying for a credit, there’s a vital piece of information that impacts how lenders and banks view you: your credit score. ClearScore is hands town the best resource in South Africa for checking your credit score. Since the acquisition of Compuscan in 2019, Experian provides free credit reports and free credit scores on My Credit Check and My Credit Expert, which are our easy-to-use, online portals that allows all South African citizens with valid South African ID numbers to access their credit information via their personal extensive credit reports. Join 11 million others taking control of their finances with ClearScore today. Please note that Equifax don’t share how they calculate your score with us. Why is my score not the same as other credit bureaus? We’ve started this journey by giving everybody access to their free credit score and report, forever. For more information on credit scores, check out our. They’re looking for someone who will be able to meet the repayments - someone who is low risk. Join 11 million others taking control of their finances with ClearScore today. 670-705. We make personal finance clearer, calmer and easier to understand. ‎ClearScore’s vision is to help everyone, no matter what their circumstances, achieve greater financial wellbeing. Follow Tweet Email. To do this, you can check in with all four of the main South African credit bureaus – that’s Experian, TransUnion, Compuscan and XDS. Bad Credit record company operating in bad faith This company looks like it's pushing some hidden agenda. Company registered in South Africa. We explain why ClearScore gives you unlimited free access to your credit score and report. Not only is checking your credit score an indication of your level of responsibility regarding your finances, but a credit score also shows creditors how likely you are to pay them back and what risk factors to consider before giving you credit. There’s no one answer. clearscore-south-africa-free-credit-score. If you have a lower score, lenders might offer you credit at a higher interest rate or reject your credit application altogether. An indication of how you manage it you in a single number what your credit in... Also, different lenders are looking for someone who will be able to meet the -. Factors that affect your credit report and score to build and protect your information and not abuse.... This you can fix mistakes and improve your score, which is out of the for... 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