ITC Clearance

Clearing your credit record with ITC Clearance and other Credit Bureau’s is a straightforward process that involves obtaining a copy of your credit report, identifying any negative information that needs to be cleared and taking the necessary steps to address it. Once the negative information has been addressed and removed from your credit report, your credit score will improve making it easier for you to obtain credit and loans in the future. The clearance process may involve:

• Payment on outstanding debts under repayment terms that you are able to afford;
• Removal of any judgements against your name which will currently make it extremely hard to apply for any further credit applications.

When you have a record of non-payments, defaults on your monthly instalments or judgments and debts that are in arrears, the credit bureau lists this information as a negative listing, that reflects on your credit profile.

You will not be able to apply for further credit until the listing is removed. In some instances you will not be able to apply for a new job, if your credit record is not clear.

A listing cannot be removed from your name if the debt is not paid in full.

After you have submitted your online application, we will request the following documents from you:

• Copy of your ID
• Proof of residence
• Paid in full letters.