TransUnion Default Listing
Registered pbVerify clients who have the correct business profile can utilise this service, subject to the legal requirements laid out below.
In order for registered businesses/credit providers to list a default payer, the following legal requirements must be met:
A default listing can be done via pbVerify when:
How the deteriorating credit health affects South Africa's retail sector
TransUnion’s Consumer Credit Index has declined to 43.6% in the second quarter of 2013 from 43.8% in the first quarter of the year. TransUnion, which is an international leader in credit and information management, says that this drop in the Consumer Credit Index (CCI) reflects a deteriorating consumer credit health. According to TransUnion, “Credit Health” refers to the ability of consumers to service existing credit obligations within the constraints of monthly household budgets.