To do a credit check on someone, click on the link :

                   DO A CREDIT PROFILE  (left on your menu)

 

 

Here we explain credit checking + give an  EXAMPLE OF A REPORT

 

It is estimated that approximately 92 % of tenant problems can be avoided by proper screening of tenants. One of the screening steps involves a credit profile (commonly known as a “credit check”).

 

It is possible to identify and avoid tenants who fail to pay their rent regularly. because landlords now have access to the same database used by banks and retailers. Landlords also have a duty to report non-paying tenants so that others can avoid them too.  

 

At LANDLORDS.CO.ZA we use EXPERIAN, one of the largest accredited national/ international credit information bureaus. EXPERIAN is used by all banks and retailers in South Africa for risk management.  

 

A fee of R30 is charged for every base credit profile requested on a tenant. We also offer a number of other comprehensive and detailed credit profile options at various prices and will also use another bureau if requested to do so. 

 

EXAMPLE :  Below is an extract from a base report and herewith a brief explanation.

 

The first page of the report shows a summary of the most important information detailed in the report. You can see immediately that the person below has

1   judgment 

0   Defaults 

10  Enquiries

 

JUDGMENTS

Judgments are court cases against a person for debt. If a person was evicted by a court, there will be a judgment recorded and this will (should) show on the profile. The reason for the judgment will be RNT (rent) or AGT (agreement).  RTS on this report means Rates, Tax and Services.

 

DEFAULTS

A person can be listed under the heading “Default information when he :

did not pay his bills or rent or

disappeared or

breached his contract and could not be found by the sheriff for delivery of a summons.

 

ENQUIRIES

This block shows who made enquiry on this person. It also shows where the person previously applied for credit and who his creditors are likely to be. When Landlords.co.za does an enquiry on a tenant, the landlord’s member details are added to the top of the list that reads “ Enquiry Information”. This person whose profile this is, can see who enquired into his credit information. This is why permission is required from your tenant to do a credit profile.

 

 

 

 

 

1000 0 0	Highest judgement amount R2,204 Worst months in arrears 0 Total balance exposure R0 Sum total monthly instalment R0 Total Enquiries 10 Total Account Open 0	0 Bank Defaults 1 Judgements   0 Defaults   0 Collections 1 Directors   0 Accounts 10 Enquiries 3 Addresses 7 Telephones   0 Occupants 5 Employers
Detect 'Inactive' ID Verification

Report Summary

 

[top]
Judgement Information
Date		Amount	Reason	Plaintiff	Case Number	Court
11 Jan 2001		R2,204	R T S	CAPE TOWN TLC	46568/2001	Bellvill

 

 

 

]

 

 

Enquiry Information
Date			Subscriber Code		Subscriber			Telephone Number
04 Sep 2003			50032		TELKOM BELLV SAT LAU			----
17 Jun 2003			15827		ABSA LTD			0113505060
17 Jun 2003			15829		ABSA CONTACT RUDI BRIEL			----
17 Jun 2003			15829		ABSA CONTACT RUDI BRIEL			----
12 Jun 2003			15827		ABSA LTD			0113505060
25 Apr 2003			78756		TELKOM			----
04 Feb 2003			263		M TEL			0118891227
Address Information
Date				Address		Suburb	City		Postal Code
26 Apr 2002				ABCDE STR 6			PAARL		7646
30 Nov 2002				ABCDE STR 6			----		7646
29 Mar 2003				ABCDE STR 6			----		7646

 

Telephone Information
Phone Prefix		Phone Number	First Reported Date	Phone Type
----		111111111	29 Apr 2003	Other
----		02155555555	30 Nov 2002	Home Phone
021		99999999	17 Nov 2000	Other
021		88888888	17 Nov 2000	Other
----		7	17 Feb 1996	Other
021		666666666	02 Jun 2000	Home Phone
021		555555555	27 Feb 2001	Work Phone

 

 

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Detect

 

Your user ID does not have access to Detect warnings!

ID Verification

 

Your supplied ID Number, Surname and Initials were checked against Experian's records with the following result:

• Your ID number matched Experian's ID number
• Your Surname matched Experian's Surname
• One Initial matched Experian's Initials
• Experian's ID Number : 2611111111119
• Experian's Surname : XXXXXXX
• Experian's Initials : XXXXXXX XXXX