Here's how to protect you credit card history

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
play article
Subscribers can listen to this article
Woman managing her credit. (PHOTO: 
Westend61/Getty Images)
Woman managing her credit. (PHOTO: Westend61/Getty Images)

Many consumers who have a credit record that contains incorrect information only realise this when it’s too late. They usually only notice this may be the case when a loan they applied for is declined, or if the credit supplier offers a loan but at a higher interest rate. Luckily, errors can be corrected. Here’s what you need to do.

Be on the lookout for these common errors

Credit bureaus receive information from different service providers such as banks, shops, insurers and cellphone companies. It may be the case that the wrong information is sent or that the credit bureau doesn’t record it correctly.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Already a subscriber? Sign in