ITC Check

An ITC check is vital to us as consumers as they help Banks and retailers dictate if we are financially reliable. An ITC Check is done through a credit bureau which will dictate if a person or an organisation is eligible for loans based on previous payments and how successful they were making said payments.

If you rank well on the ITC check, then you are likely dependable and have a good track record when it comes to payments. If you rank poorly on the ITC check, then you have most likely struggled with making payments in the past.

Due to the low income that most South African consumers live on, it’s almost inevitable that you will – at some point – have an unmanageable amount of debt that will, in turn, negatively affect your credit rating with ITC. To help avoid this, it is best to ensure that your payments are always on time. Alternatively, communicate with your creditors in advance if you are concerned about your ability to make payments. Another aspect ITC Checks look out for is if you pay off your debt off without opening more accounts.

ITC checks are essential for each and every person as they ultimately dictate if you are able to take out loans for properties or vehicles as needed. At Ayoba Loans, we have successfully helped countless consumers obtain ITC clearance through lawful and transparent processes.

If you are currently facing a negative ITC score, Ayoba Loans can help you improve your credit rating by removing judgements and debt review flags on your name. This will increase the likeliness of obtaining a better rating on the next ITC check. For more information on our services and how we can help you, please contact us.

Not sure whether you have a listing in the first place? Our guide on how to check if you’re blacklisted walks you through requesting your free credit reports from the major bureaus.