If you have been blacklisted and are wondering how to clear you name from ITC then there are a number of routes that you can take. Being blacklisted means that a creditor has laid a judgement against our name because you have failed to pay back money oweing to them. If you suspect that you have been blacklisted or you have just discovered that you have been blacklisted, then the best thing for you to do is to contact one of the two biggest credit bureaus in South Africa being those of TransUnion Credit Bureau (Pty) and Experian Ltd.

These two credit bureaus are obliged to provide you with a free credit report once a year free of charge. Should you however discover that you have been blacklisted since the date that you received your last credit report, you can request another one for a small fee either directly from the credit bureaus or through a number of companies that will obtain these documents for you for a small fee.

Once you have obtained your credit reports, you can begin the process of clearing your name from ITC blacklisting. Your credit reports will contain any bad marks against your name and will detail who has made these judgements against your name. Your credit report will additionally list the amount for which you are being blacklisted. Therefore you will be able to contest any judgements if needs be, or you can take the necessary steps to clear your name.

For those who are blacklisted and want to know how to clear your name from ITC, then I would recommend contacting a debt consolidation lawyer. These are lawyers who specialise in dealing with people who have been blacklisted and who are looking to clear their name. Although lawyers fees can be expensive, they will provide you with all the information you need to clear your name. If you however cannot afford to put yourself in to further debt by consulting with a lawyer, then here are some steps that you can take to clear your name.

Firstly, do not take out any further loans or purchase anything on credit. This will only further worsen your problem. The only loan that I could recommend taking would be a debt consolidation loan. This type of loan allows you to consolidate all of your debt to one creditor by paying off your other creditors with the amount loaned. It is however essential that you do not take this loan out for more than what you owe. By this I mean if your debt is R20 000, then you should only take out a debt consolidation loan for R20 000.

This type of loan will save you money in the long run as you will not be paying interest on a number loan amounts, but rather on one amount. What is more is that by doing so, you can negotiate the amount that you pay back every month in order to suit your needs which means that you will safeguard yourself against having to pay for anything on credit. In addition to this, you will improve your credit rating if you pay back the required amount each month on time and will show any future creditors that you are a responsible lender.

However, before you can take out credit again, you will have to clear the judgements against your name on the ITC. By having a debt consolidation lawyer, they can assist you in this process. Alternatively, you can contact the bureaus directly and can prove that you have paid back the money owning and they will clear your name.

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