The Procedures to Clear Your Name from Blacklisted List in South Africa
How long does blacklisting last in SA?
Paying off your debt will remove your name from the blacklist. According to TransUnion, one of South Africa’ biggest credit bureaus, this will happen within 7 – 20 days.
How do I Unblacklist my name in South Africa?
The National Credit Act (Act 34 of 2005) stipulates that if you were blacklisted and have paid the debt for which you were listed, you may apply to the credit bureau where you were listed to have your name removed from that list. This can be done by applying for the cancellation of that blacklisting.
How long does it take to clear your name after debt review?
In South Africa, the credit bureaus themselves also have seven days to remove the debt review flag from your record and update on their end that your debt review case is closed. The whole process, therefore, should take about 21 days to complete.
How do I check if I’m blacklisted?
The information about the blacklisting can be found in your credit profile as held by the Major Credit Bureaus :
- Transunion Credit Bureau.
- Experian Credit Bureau.
- Compuscan Credit Bureau .
- Xds Credit Bureau.
What happens if you are blacklisted in South Africa?
If you are unable to pay off debts, your name will be flagged by the credit bureau, and added to a blacklist; and it will be more difficult for you to get loans in the future. The simplest way to clear your name from the credit bureau is to pay off the debt.
