ITC Removal
Our ITC Clearance process is available to consumers who’ve previously struggled with their finances. Years of experience, as well as a result-driven approach, enables us to assist clients who need to get their financial freedom back. The first step to leaving your ITC listings in the past include having a capable and dedicated team by your side. This is where we come in.
Our Ayoba Loans team have a keen understanding of the legalities around ITC Removal. We know how credit bureaus retain credit information, based on the specifics of the listing or listings against your name. The primary credit bureau listings, as laid out by the Consumer Protection Agency of South Africa, range from Default Listings and Civil Court Judgements to Debt Review, Administration Orders and Sequestration Orders. Consumer remarks, enquiries regarding your credit record and trace alerts can also feature on your credit record. We can also investigate and dispute irregular listings that appear on your credit report, to have them removed.
You are at the mercy of your credit report score when it comes to achieving financial milestones, or acquiring new loans. Most South African’s are already consumed by financial difficulties in their daily lives, which is why our ITC Removal service is so beneficial. Don’t let your past money problems linger for years to come. Many consumers believe that, once they’ve completed Sequestration or have been administered under Debt Review, their credit record is instantly restored. This is not the case, and it takes professional insight to guide you through the process of ITC Removal.
In the case of Administration Orders, the listing can reflect on your credit report for up to 5 years, unless the court rescinds the order. Sequestration can also remain as a listing against your name for up to 5 years, with a rehabilitation order reflecting for a further 5 years if granted. Default listings are generally removed once the debt is settled, but in some cases can reflect for another year or 2 years, depending on your late payment behaviour and failure to pay or respond to demand letters.
We all understand that debt problems come with complicated consequences. This does not need to keep you from living a financially independent life. Our ITC Removal service can help you to acquire financing for a home loan or car loan, by clearing your name. You can move freely into the next stage of your financial future, without worrying about bad listings holding you back.
Get in touch with Ayoba Loans for reliable ITC Removal services, and Debt Review Removal or Debt Counselling removal. Contact us today to get started!