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Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies. The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa's leading credit bureaus and is a member of the nation's Credit Bureau Association.
The CIBIL credit score is a three digit number that represents a summary of individuals' credit history and credit rating. This score ranges from 300 to 900, with 900 being the best score. Individuals with no credit history will have a score of −1. If the credit history is less than six months, the score will be 0.
Fitch has withdrawn all ratings for Libya because it does not have enough information to maintain coverage of the issuer. [374] Malawi. Mali. Mali was given a credit rating in 2004 as part of a UN development initiative, [375] but the rating was later withdrawn. [376] Marshall Islands. Mauritania.
It will also provide a way of monitoring South Africa's consumer debt levels, which the NCR is required to do. Credit bureau - A credit bureau is an entity that is engaged for payment in the business of receiving reports or investigating credit applications and agreements, payment history or patterns, and other consumer credit information.
National Credit Regulator (NCR) is a South African government agency that regulates the credit industry in South Africa. The NCR was established under National Credit Act 34 of 2005 (the Act). The NCRt is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ...
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline that stretches along the South Atlantic and Indian Ocean; [18] [19] [20] to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini.
The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [25] [26] [27] The economy is the most industrialised, technologically advanced, and diversified in Africa. [28] Following 1996, at the end of over twelve years of international sanctions, South Africa's ...
ClearScore launched on 15 July 2015. It was the UK's first service giving consumers access to their credit score and report. [5] Its initial offering provided credit scores and reports, and in July 2015 the company added credit card offers to its site, and in September 2015 it added personal loan offers.
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