You may have received a notification from someone claiming that they can fix your credit score in a matter of days. The first thing to remember is, that scams can take many different forms, from simple emails, SMSs, or advertisements on social media, to offering to repair a consumer’s credit profile.

These companies or individuals lure consumers to purchase their services by falsely claiming that they will remove negative information from consumers’ credit reports even if that information is accurate.

In South Africa, charging consumers an upfront fee to fix credit reports is illegal.

Schedule 1 of the Consumer Protection Act (CPA), as well as the National Credit Act (NCA) specifically documents this. They will promise you overnight credit report repair and score improvement. Credit scores take time to change and they usually don’t show improvements within a few days or weeks.

Information that is inaccurate, for example, due to error or fraudulent activity on your name, can be removed after a dispute or investigation process, which is offered for free by a registered bureau, like Splendi. No one other than a bureau can remove information, and they will not remove information that is accurate and current.

You can fix your own credit score!

It’s really simple and you are in control. The Splendi team is ready to assist you with disputes and incorrect information on your credit profile, simply click to sign up here and view your credit profile online today.

Should you need assistance with queries and disputes feel free to email our team here. It’s important to remember – No one can change your credit score at a credit bureau. Only you can do that by ensuring the data on your report is accurate and up to date. Improve the information on your report by using credit responsibly and paying your full installments on time.