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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.
Loan type. Credit score minimum. Conventional loan. 620 or 660 depending on program. FHA loan. 580 (or 500 with a minimum 10 percent down payment) VA loan
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
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.
To illustrate, if you earn $4,000 per month and have $1,250 in credit card bills, loan payments, housing costs and other debts, your DTI ratio would be 31 percent. ... Credit score needed to buy a ...
If you have a 620 credit score, raising it can help you secure a more favorable interest rate and loan terms, reduce your mortgage payments and get more house for your money. Staying up-to-date ...
In Australia, credit scoring is widely accepted as the primary method of assessing creditworthiness. Credit scoring is used not only to determine whether credit should be approved to an applicant, but for credit scoring in the setting of credit limits on credit or store cards, in behavioral modelling such as collections scoring, and also in the pre-approval of additional credit to a company's ...
Your credit score is at least 620 (although many lenders require 660+) Dig deeper: 4 ways to get equity out of your home — and what to know before you apply Options for using your home equity to ...
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