Get a Free Credit Report here

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According to the National Credit Act, every consumer has the right to one free credit report in a 12 month period.

Consumers can get this credit report from these credit bureaus

  • TransUnion (ITC)
  • Experian
  • XDS
  • Compuscan

What is a credit report?

A credit report is a complete record of your financial history. It details information on your borrowing and spending habits, payment trends and contact details.

A credit report reveals past and present loans, credit cards, mortgages and any other reported debts. It discloses the status of these accounts, whether up-to-date, overdue, paid in full or whether there were any collections. A credit report will register the severity of your overdue accounts.

As a credit-active consumer, it’s important that you check your credit report at least once a year to make sure that the information listed on it is correct.

What are the benefits of getting a free credit report?

  • You are able to get better insight into your current debt ratings with banks
  • You can get detailed information about your debt
  • You know exactly who has viewed your credit profile
  • You are able to know exactly how much you still owe
  • This gives you the opportunity to improve your credit rating
  • You can challenge the information presented in the report to keep it completely accurate.

Compuscan offers a service called My Credit Check, which is an easy-to-use, online portal that allows all South African citizens, with a valid South African ID number to access their credit information via their personal credit report.

By choosing to get a free credit report here, it will help you to understand your credit data, show you how to monitor accounts, manage debt and will help you improve your credit profile.