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A dummy purchaser is an agent who buys property on behalf of another, usually to conceal the true purpose of the acquisition. For instance, a shopping mall developer may hire a dummy buyer to purchase the needed vacant lots. Disclosing the principal's identity might prompt the landowners to hold out for a higher price; hence the need for secrecy.
Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies. [1] The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa's leading credit bureaus and is a member of the nation's Credit Bureau Association.
A co-worker connects Emily to a "dummy shopper" service that promises to make her $200 in one hour. The service is revealed to be a credit card fraud ring. Emily meets Youcef, one of its organizers, who instructs her to purchase a flat-screen TV using a fake card and ID. The next day, Emily is sent to purchase a car.
A credit reporting bureau is not off the hook if they provide your credit report for a permissible purpose by mistake, such as if they released your credit report because you have the same name as ...
According to the U.S. Government Accountability Office, as many as 45 million Americans are “credit invisible,” meaning they have no credit history. In most cases, this means they’ve never ...
The following slang words used in South African originated in other parts of the Commonwealth of Nations and subsequently came to South Africa. bint – a girl, from Arabic بِنْت. Usually seen as derogatory. buck – the main unit of currency: in South Africa the rand, and from the American use of the word for the dollar.
While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these can be both false and misleading. Follow 5 steps to fix your credit without spending a ...
It will also provide a way of monitoring South Africa's consumer debt levels, which the NCR is required to do. Credit bureau - A credit bureau is an entity that is engaged for payment in the business of receiving reports or investigating credit applications and agreements, payment history or patterns, and other consumer credit information.