Notice from Credit Reference Bureau

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THE NEED FOR UPDATED RECORDS AT THE CREDIT REFERENCE BUREAU

Credit Reference Bureau Africa Limited, a TransUnion Zambia (TU) is an established global leader in credit and information management. The company is licensed and regulated by Bank of Zambia. TransUnion is an international brand that spans 5 continents and 34 countries including Zambia.

Over the years, TransUnion has provided data-driven solutions and insight throughout the entire credit cycle. Our services benefit the lenders (credit providers) and the respective companies or individuals seeking credit facilities.

Following the Bank of Zambia requirement for all the Banks and other Financial Institutions to be registered with a credit bureau, Transunion assumes a central role of sustaining a database where critical institutions access information for credit vetting purposes. As a custodian of information, the need to enrich our database with updated and correct information is cardinal in ensuring data integrity and quality.

Therefore, with your high professional standing in society, we believe you can contribute to proper accountability and data integrity. As a ZICA member, you stand to greatly benefit in this undertaking. Firstly, this will act as a protection against identity theft given the growing

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number of imposters. Secondly, it will enhance your individual credibility and reliability hence increasing your employment prospects as employers are increasingly utilizing our system in assessing employment suitability of individuals
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by carrying out credit checks. Thirdly, updated records on the bureau database will allow for easy access to credit should the members decide to borrow as this eliminates complications that come with outdated data and just having no records at the credit bureau.

Transunion takes pride in providing a platform on which ZICA members can update their status on.

Last Updated on Monday, 02 June 2014 04:36