Hi, I think I’m blacklisted. Its been over 4 years that I owed some company. The debt is below R1000. I am unemployed. what can I do?
Thank you for your question.
The best way to check whether you are blacklisted is by pulling your credit record. You can check your credit record with any credit bureau. TransUnion is the best, so we would suggest pulling your record there. By law, you are allowed to pull your credit record for free once a year. Here is a link to TransUnion’s site.
Unfortunately, you have to be employed or have some form of regular and consistent income to apply for debt review. It is important to keep in mind that during the debt review we will negotiate with your creditors for more favourable payment terms. During these negotiations, we must be able to put something on the table for them in the form of proposed payments.