With your free credit score, you also get:
- Complete credit report
- Total debt
- Credit history
- Debt payment history
What is a credit score
Credit scoring tells the lender how likely you are to repay your debt based on your previous
conduct. Therefore, applying for credit from a lender will include assessing your credit score.
Steps to get your free
credit report
1
Login with PIN code and click verify & sign-in
2
Click on the right slider button to accept all T&C’s.
Then select “next”.
3
Upload ID document by selecting “choose” button.
Then select “next”.
4
Answer all 3 ITC questions.
Then select “submit answers”.
5
After process has completed, click “download your credit report” to get your report.
What you get with your credit report
- Personal details: Summary of information currently on record.
- Potential fraud indicators: Verified by Home Affairs.
- Your current credit score: The XDS Presage score is a generic scorecard which indicates the credit risk associated with a consumer by taking into consideration the consumer’s historical credit profile and payment behaviour. The higher the score, the lower the associated risk of future payment delinquency or default.
- Debt summary: This section displays a summary of all the consumer’s current debt obligations, legal enforcement action taken, Court Notices, enquiries done.
- On this consumer by credit providers and debt counselling information.
- Consumer Information: A list of current and previous addresses, contact and employment data.
- Payment profile: A 24-month payment behaviour of all credit agreements as reported by the Credit Grantors belonging to Credit Providers Association (CPA).
- Credit enquiry history: A list of organisations or credit providers who have requested your Credit Report.
- Property interests: A list of properties registered in your name at the Deeds offices around South Africa.
- Principal links: A list of companies where you are linked as a principal.
The higher your credit score is, the better. A high credit score will also mean you can get better loan deals, more capital when needed, and better interest rates.
XTS Pressage Score
What influences your credit score
Many different factors will affect your credit score. These are points a credit bureau looks at when calculating your individual score.
1
Debt repayment history – Bad or good
2
Amount of debt you currently owe
3
Types of credit you’ve applied for
4
History of judgements, admin orders, garnishee orders, debt review
5
How much of your available credit you’re using every month
Credit Scoring Related Articles.
Low Credit Score?
Debtline can help you
NCR-registered debt counselling
with a heart for people.
Debtline is a professional debt counselling firm with a core focus on helping people lose their debt while retaining dignity. We understand that looking for help can be daunting, and that’s why we’re equipped with an experienced team of professional debt counsellors providing empathetic expertise to make the journey as smooth and hassle-free as possible.
Let us help you
Have you received a call, letter or visit from a creditor? Call us we can help.
Contact details
1ST FLOOR ICON BUILDING
24 HANS STRIJDOM AVENUE
CAPE TOWN
WESTERN CAPE
8000
Registered in terms of the National Credit Act – NCRDC 4077