A credit bureau is a data collection agency that gathers account information from various creditors and provides that information to a consumer reporting agency in the country.
Find below are the list of Credit Bureaus In South Africa
Xpert Decision Systems
Address: 7, St Davids Office Park, St Davids Pl, Parktown, Johannesburg, 2193
Hours: Open ⋅ Closes 5PM
Phone: 011 645 9100
Credit Bureau Association
Address: Bryanston, Sandton, 2191
Hours: Open ⋅ Closes 5PM
Phone: 011 463 8218
Credit Salvage Corporation SA (Pty)Ltd
Address: 20 Spreeu Ave, Randpark Ridge, Johannesburg, 2156
Hours: Open ⋅ Closes 4PM
Phone: 087 898 0895
CREDIT OMBUD
Address: Fern Ridge Office Park, 5 Hunter St, Randburg, Johannesburg, 2194
Hours:
Open now Add full hours
Phone: 086 166 2837
What are the 4 credit bureaus?
Most U.S. consumer credit information is collected and kept by the four national traditional consumer reporting agencies: Experian (formerly TRW Information Systems & Services and the CCN Group), Equifax, TransUnion, and Innovis (which was purchased from First Data Corporation in 1999 by CBC Companies).
Which credit bureau is most important in SA?
3 credit bureaus in South Africa:
Trans Union the largest Credit bureau in South Africa.
Experian has a global presence and employs highly skilled teams.
Compuscan have experienced international growth after their establishment in 1994.
Which credit bureau is most important?
In the U.S. there are several different credit bureaus, but only three that are of major national significance: Equifax, Experian, and TransUnion. This trio dominates the market for collecting, analyzing, and disbursing information about consumers in the credit markets.
What is a good credit score in South Africa 2020?
The minimum credit score for a home loan in South Africa is around 640. A score of 600+ will give you a fair chance of home loan approval – although this may vary according to which bank you use. A score of 670+ is considered an excellent credit score, significantly boosting your chances of home loan approval.
Which credit report is most accurate in South Africa?
Credit Bureau is the ultimate Credit Report Guide for South Africa.
What is a good credit score in South Africa?
Most credit bureaus rate your credit score between 300 and 850: A low score is generally considered to be between 300 and 579. A fair score is between 580 and 669. A good score is anything above 700.
What does a credit score of 999 mean?
Their scores range from 0-999. A credit score of 721-880 is considered fair. A score of 881-960 is considered good. A score of 961-999 is considered excellent (reference: https://www.experian.co.uk/consumer/guides/good-credit-score.html). A fair, good or excellent TransUnion Credit Score.
What is a good credit score in South Africa out of 705?
In South Africa, a credit score of between 650 and 669 out of 705 is considered to be “Good”. Get into that band and you will get some brownie points from the lenders. If your score is below 528, it is considered “very poor”.