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Fraud Alert on Credit Profile

Questions & AnswersCategory: Credit ApplicationFraud Alert on Credit Profile
Lesibe asked 2 years ago

How long will it take for me clear my fraud alert on my profile and what requirements will i need to send through?

1 Answers
Matthys Potgieter Staff answered 2 years ago

Hi there,
 
Thank you for getting in touch.
 
A fraud listing could damage your credit profile significantly. The National Credit Act has prescribed retention period for certain credit information.
 
A Fraud listing would fall under the notifications section, and would be retained for 2 years. If a judgement has been granted in a civil court, the listing would remain there for 5 years or until you manage to rescind the judgement.
 
Kind regards.