Consent to Credit Checks

Effective Date: 29 October 2024

1. Purpose of Credit Checks

By submitting a loan application with Vhavenda Debt Collection (Pty) Ltd, you give explicit consent for us to perform credit checks to assess your financial standing.

2. Scope of Credit Checks

Vhavenda will conduct checks with registered credit bureaus to evaluate your creditworthiness.
Your credit report may be shared with our financial partners for loan processing.

3. Data Usage and Sharing

Information obtained from credit checks will be used solely for the purposes of:
Loan eligibility assessment
Risk management and fraud prevention
Reporting to credit bureaus if required

4. Impact on Credit Record

Failure to meet your repayment obligations may result in negative reporting to credit bureaus, which could impact your credit score.

5. Revoking Consent

You may revoke your consent at any time. However, doing so may affect our ability to offer loan services.

Contact Us

For any questions about this policy or your data, contact us at:
Email: Vhavendadebtcollection@theinfo.co.za