This is an easy way to check if you have been blacklisted
Credit bureau TransUnion has launched its ‘SMS for your credit record’ service, to help South Africans with a credit check
When last did you check your credit score? The answer is most likely "never". Despite SA’s credit bureau being compelled to provide consumers with one free check a year‚ less than 3% of the country’s 24.25-million credit-active people take advantage of that. Most only discover that they have one or more adverse listings on their record — usually referred to as "blacklistings" — when they apply for credit and are turned down. TransUnion‚ SA’s largest credit bureau‚ is hoping to change that with its "SMS for your credit record" service‚ launched on Tuesday. The new service allows consumers to get an instant snapshot of their credit worthiness via their cellphone‚ even if it is not a smartphone. "The product is vital in SA‚ where smartphone penetration is moderate — only 37% of people use smartphones‚ with 52% relying on phones without connectivity — and credit awareness is low‚" said TransUnion SA’s senior director Garnet Jensen. "Our goal is to help all South Africans understand and ...
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