Category: credit

Debt collection is a critical part of the financial ecosystem, ensuring that debts are recovered while adhering to ethical and legal standards. To practice as a debt collector in South Africa, you must be registered with the Council for Debt Collectors and comply with the regulatory framework. In this comprehensive guide, we’ll walk you through…

Debt counselling is a vital service in South Africa, helping individuals manage their financial struggles and work towards a debt-free future. To practice as a debt counsellor, you must be registered with the National Credit Regulator (NCR) and adhere to the regulatory framework. In this comprehensive guide, we’ll walk you through the process of becoming…

In South Africa, the credit industry is tightly regulated to ensure responsible lending and financial stability. To operate as a credit provider, whether you’re a financial institution or an individual, you need to register with the National Credit Regulator (NCR). This process is designed to protect consumers, foster ethical lending practices, and maintain the integrity…

In South Africa, the financial landscape relies heavily on the assessments made by credit bureaus, which collect, manage, and provide credit information essential for responsible lending and financial decision-making. Among the credit bureaus in the country, Experian, TransUnion, Compuscan, and XDS stand out as major players, each contributing significantly to the credit ecosystem. Experian South…

In South Africa, maintaining a clear understanding of your financial standing, particularly if you are under Debt Review, is of paramount importance. Debt Review is a formal process where a Debt Counsellor assesses your financial situation to determine whether you are over-indebted and in need of assistance. To check if your name is listed for…