South Africa's ClearScore login: How does it work?
ClearScore is said to be a financial technology business that affords customers in a few countries free access to their credit scores and reports. It has over 12 million users and is regarded as one of the best credit score-checking platforms in the world. In this article, we share more information about Clear login South Africa and more.
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A good credit score remains important in so far as requiring credit is concerned and a factor such as paying your accounts and loans on time, among others, contributes to having a good credit score. Therefore, to log into your account in South Africa, you will need the email and password you provided during the process of registering a ClearScore account.
What is a credit score?
A credit score is defined as a number between 300 and 850, which is used to rate a consumer’s creditworthiness and a higher score increases the chances of a consumer being lent credit. Accordingly, a credit score is based on credit history because things such as the number of open accounts, total debt levels and repayment rate are all influential in determining a good or bad credit score.
How do I log into my ClearScore account?
Logging into your ClearScore account is a simple task to do. The first step to doing so is accessing the ClearScore website. Then once you are on the page, enter your email address and password, and thereafter click log in.
How can I do a credit check on ClearScore?
A credit check on ClearScore can only be done if you have registered an account on the website. If you have not, click on create an account then follow these brief steps:
- Provide your email address and your country of residence, then submit.
- Punch your first and last name into the given fields, followed by your ID number and password. After this, click create my free account.
- Once the above steps have been completed, you will be asked to provide your employment and remuneration details, including the bank you have an account with and your account number.
After accessing your account, you will then be able to see your credit score on the landing page. Click on offers at the top of your screen and select which option you would like to do a credit check for. The options in question are loans and cards.
Why can I not log into my ClearScore account?
Forgetting your password can be a possible reason you are denied access to your account. However, this is not a reason to worry because you can recover your account. On the website, enter your email address and click reset.
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You will be sent a new link via email to create a new password. It is important to note that entering the wrong details too many times can lock you out of the account for two hours, which needs to elapse before you can try logging in again.
How do I check my ClearScore credit report?
To check your ClearScore credit report, log into your account and click on reports at the top of your screen. Your report shows your credit score, factors affecting your credit score, payment history, and accounts.
Is ClearScore a credit checker?
ClearScore is a credit checker that allows citizens in South Africa, the United Kingdom, Australia, and Canada to check and track their finances as determined by their ClearScore reports.
Is ClearScore completely free?
ClearScore is completely free; in essence, there are no monthly charges for using the website. ClearScore uses its tools to bring your credit report and afford you other functionalities without expecting anything in return. But, the user must be 18 years and older.
What is a good score on ClearScore?
Reports state that a score of 531 or 670 is considered a good score and puts consumers in a better position to receive credit at better rates. According to sources, having a poor credit score does not mean obtaining credit is impossible.
This article has provided insight into the importance of a good credit score and outlined the steps that need to be followed to log into a South African ClearScore account or how to check a credit report. It has maintained that having a score of 531 and 670 is seen as a good score on ClearScore.
READ ALSO: How does PayShap work in South Africa
Briefly.co.za recently published an informative article about South Africa's PayShap. It states that the PayShap service is a major boost to the implementation of financial transactions that are less cash-dependent as it offers flexibility and lower rates for real-time payments.
DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
Source: Briefly News
