Your credit report portrays an insightful picture about your borrowing habits and financial management. Here’s a straightforward breakdown: 

What’s Inside a Credit Report?

• Your credit report is freely available on the ThreeSixty.me platform and contains your personal details like your name, address, employer, and ID number – essentials needed for credit applications.  
• It also tracks your credit history, indicating how you manage your accounts, including whether you pay your bills promptly and regularly. 

What is Recorded or Portrayed? 

• Credit Accounts: Your credit cards, loans, mortgages, or clothing accounts are all noted. It logs when you applied, total debt owed, repayments, and any arrears or defaults. 
• Contracts and Services: Some insurers and service providers may report agreements to a credit bureau, including insurance or phone and data accounts. 

Judgments and Defaults Matter:

• Be cautious, as judgments related to money owed can have a significant impact on future credit applications. 
• Your report reflects your total debt and any outstanding repayments or defaulted accounts.  

What’s Not in Your Credit Report? 

• Personal Financial Details: Surprisingly, your income, expenses, net worth, and assets are not in your credit report. 
• Specific Accounts: Some mobile networks, SABC TV licenses, and DSTV subscriptions are not typically reported. 

Understanding your credit report is a vital step in managing your financial health. At ThreeSixty.me, we’re here to empower you with insights and information that matter, so you can take control of your financial journey with confidence. 

** VeriCred Credit Bureau (VCCB) is the registered credit bureau in partnership with the helpful ThreeSixty.me platform. 

ThreeSixty.me. Elevate Your Credit, Elevate Your Life.