How long does it take to clear your name from the credit bureau? | O-YES Homeloans (2024)

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How long does it take to clear your name from the credit bureau? RECENT POSTS The advantages of property insurance Ways to Reduce Your Home Loan Interest Rate in 2024 How Can I Remove My Name from the Credit Bureau in South Africa? Navigating the Purchase of Repossessed Homes Financing Your Home Renovation: What You Need to Know Enhancements that boost both your home’s value and its eco-friendliness CATEGORIES

How long does it take to clear your name from the credit bureau? | O-YES Homeloans (1)

How long does it take to clear your name from the credit bureau?

If you fail to pay outstanding debts, credit bureaus will add your name to a blacklist that will make it difficult for you to obtain loans in the future.

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.

See Also
What is a Blacklist? Definition, Implementation & Differences | TwingateBlacklisting in the Workplace: What HR Managers Need to Know - ShiftbaseBlacklisting in South Africa: Tips for Recovery and MoreHow to avoid blacklisting

How long does it take to clear your name from the credit bureau? | O-YES Homeloans (2024)
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