Experian and TPN team up to bring credit and rental data together for the first time in South Africa
Experian announced that it has signed an exclusive partnership with TPN credit bureau, the largest rental bureau in South Africa specialising in vetting tenants for rental properties.
Moody's Investors Service warns on credit data amnesty
Removing adverse credit information from public records will negatively impact on the rating of residential mortgage-backed securitisation and asset-backed securitisation transactions.
Commercial Property rental payment monitor 2013Q2
Nationally, commercial tenants’ overall rental payment behaviour shifted only marginally during Q2 compared with the first quarter of 2013.
Credit amnesty may have negative implications for high-net worth property owners
Although the impending credit amnesty is aimed at making it easier for credit adverse individuals to obtain finance, South African banks are likely to become even more conservative as lenders have placed huge reliance on credit information from the credit scoring agencies.
Credit bureaus, work to the advantage of rental agents and landlords too
Contrary to what many may think, a credit bureau is not simply a negative database of “blacklisted” information
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