Posted on February 8th, 2011 by zenia
Requirements For A Credit Bureau South Africa
Businesses make extensive use of the services offered by a credit bureau in South Africa such as Inoxico. The requirements to be registered as a credit bureau in South Africa and also the regulations which should be adhered to by such a credit bureau are strict. This prevents unethical behaviour by credit bureaux and also ensures protection of the consumer while guaranteeing accurate credit information for businesses. To operate as a credit bureau, the company must meet every single requirement as set out by the National Credit Act and enforced by the National Credit Regulator. Specific submissions are required on a regular basis. To register, the firm must provide details about the information that will be collected and to whom it will make such available. Inoxico is the new credit bureau in South Africa and provides Africa specific information.
Contact Details:
Contact Number :
021 664 1967
Fax Number :
086 682 1763
Email:
inoxico@inoxico.com
Website:
http://www.inoxico.com/
This free i Lead Online posting about Inoxico was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadbookkeeping.co.za/advertise . You can also advertise for free on the following sites:
National Credit Act, NCR Credit Bureaus and Credit Bureau ITC Listed
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Posted on February 8th, 2011 by zenia
Credit Bureau Services Which Are Valuable To Businesses
The typical credit bureau services include the collection and provision of consumer credit information. This may include from basic to in-depth reporting on the consumer’s credit history, employment status, address changes, judgements taken against the consumer, debt review status, and also any fraudulent actions. Inoxico, as registered credit bureau, also provides vendor background checks, company profiles, country reports, bank codes, and credit monitoring services. As such the company is more than the average credit bureau and as such fills a gap in the credit and financial information provision market. Customisation of alert services is another reason why businesses make use of Inoxico as a credit bureau. Clients can set profiles according to which they require monitoring ensuring for instance, immediate alerting regarding any changes in a consumer’s credit status.
Contact Details:
Contact Number :
021 664 1967
Fax Number :
086 682 1763
Email:
inoxico@inoxico.com
Website:
http://www.inoxico.com/
This free i Lead Online posting about Inoxico was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadbookkeeping.co.za/advertise . You can also advertise for free on the following sites:
Credit Bureaus of South Africa, Credit Reference Bureau and Credit Bureau Accounting Services
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Posted on February 8th, 2011 by zenia
Information Available In A Credit Bureau Report
A credit bureau report can include only the very basic information about a consumer or company’s credit history or it can include in-depth information. The level of information required will depend on the specific client. As such we provide several levels of reporting, making it possible to get exactly the information the business or credit provider needs to make an informed decision regarding lending to a consumer or partnering with another business. Information available in a credit bureau report can for instance, include the following regarding a consumer:
• Current and previous addresses.
• Current and previous employers.
• Duration at the current employer.
• Record of debit orders which bounced, cheque fraud, judgments, and blacklisting.
• Current and past debt exposure.
• Record of late or non-payment of instalments.
Contact Details:
Contact Number :
021 664 1967
Fax Number :
086 682 1763
Email:
inoxico@inoxico.com
Website:
http://www.inoxico.com/
This free i Lead Online posting about Inoxico was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadbookkeeping.co.za/advertise . You can also advertise for free on the following sites:
Credit Bureau in South Africa, African Credit Bureau and ITC Credit Bureau Check
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Posted on January 25th, 2011 by zenia
National Credit Act South Africa No. 34 of 2005
The National Credit Act South Africa came into being in March 2006 with the aim of protecting consumers in credit transactions. The National Credit Act South Africa also regulates all types of credit dealings in South Africa including:
• Mortgage bonds
• Overdrafts
• Store accounts
• Vehicle financing
• Personal loans
• Micro-loans
• Pawn brokering
As such any type of credit related transaction is regulated under the National Credit Act South Africa. The Act makes provision for debt review as a means to protection against creditors while being able to pay off debt should an individual become over in-debt and thus not being able to pay accounts in the due manner. The National Credit Act South Africa, in addition, regulates credit bureaus as well as credit information of consumers. With such the Credit Bureaux keeps credit information and the consumer is entitled to access of the information.
Contact Details:
Contact Number :
021 664 1967
Fax Number :
086 682 1763
Email:
inoxico@inoxico.com
Website:
http://www.inoxico.com/
This free i Lead Online posting about Inoxico was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadbookkeeping.co.za/advertise . You can also advertise for free on the following sites:
National Credit Act, National Credit Regulations Act and South African National Credit Act
Filed under: South Africa, Western Cape | No Comments »
Posted on January 25th, 2011 by zenia
Credit Bureau South Africa Vs Credit Bureaux
There is a difference between the credit bureaux as regulated and by the National Credit Act of 2005 and the Inoxico Credit Bureau South Africa. Credit Bureaux is a term to describe all the credit bureaus in the country which are approved by law and are registered with the National Credit Regulator to collect credit related information from consumers and to keep such in a database. Credit Bureaux is also a section of the National Credit Regulator governing credit bureaus. The National Credit Act provides regulations regarding the type of information that may be collected and the rights of the consumers regarding access to information. The Inoxico Credit Bureau South Africa is an online credit information service established to streamline the information retrieval process for companies regarding consumer and vendor credit, fraud, and the monitoring of bank codes as well as background information on companies in addition to services such as consumer tracing.
Contact Details:
Contact Number :
021 664 1967
Fax Number :
086 682 1763
Email:
inoxico@inoxico.com
Website:
http://www.inoxico.com/
This free i Lead Online posting about Inoxico was sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:info@ilead.co.za, http://www.ileadbookkeeping.co.za/advertise . You can also advertise for free on the following sites:
Credit Bureau Association of South Africa, Credit Bureau Problems and Leading Credit Bureau of South Africa
Filed under: South Africa, Western Cape | No Comments »
