Consumer Credit Information

As a registered Credit Bureau (NCRCB11), MIE South Africa provides its clients with Consumer Credit Information under strictly controlled circumstances.

MIE sources credit information from both TransUnion and Experian, and is in discussions with two other Credit Bureaus in South Africa for the supply of additional credit information items

The circumstances under which credit information may be released are dictated by the National Credit Act (go to the South African DTI) and its Regulations (go to the South African Regulator).

Find out more about access to Consumer Credit Information on our own Credit Resource Site.

Consumer Credit Information will be supplied by MIE to requesting clients provided that:

• The Client has entered into a Consumer Credit Information Supply agreement with MIE. This condition is monitored by MIE's systems
• The information has been requested for a prescribed purpose
• The consumer has granted permission where the prescribed purpose dictates that permission must be granted
• The client warrants that permission has been received, and can provide proof of permission on demand by MIE
• The client uses the information once only

For compliant requests, all credit information supply channels are fully integrated and return results immediately, with absolutely no operator intervention.

In addition, credit information is organized depending on your needs, and at least 6 different reports are available to requesting agents. These vary from fully comprehensive reports, adverse record reports only, trade lists only, and even bureau identification only.

Corporate Profile Information

MIE provides its clients with Corporate Profile Information as a value-added service.

In a competitive market, profitability can be improved by proactively converting data into business intelligence, by making use of a Corporate Profile Check.

Whether you are segmenting your market, targeting new business, selecting profitable clients or managing and monitoring you current customers, you need accurate and effective business information to minimize your risks.

MIE Background Screening’s formidable experience, infrastructure, technology and human capital allow us to manage the most comprehensive business database in southern Africa.

Corporate Profile Check data is grouped into segments to make it user friendly and easier to understand the contents of such a report. These segments are listed below.

Corporate Profile Checks typically return the following information items:

• Company Information
  • Company Detail
    • Business
    • Identification and Address
    • Registration Details
    • VAT Number
  • Company Credit Information
    • Civil Court Records
    • Default Data
    • Veri-Cheque
• Director Information
  • Director Details
    • Director information
  • Director Credit Information
    • Civil Court Records
    • Default Data
    • Notarial Bonds
    • Enquiry History
  • Director Links
    • Reflects all business interest linked to the director, the year established, and the status thereof
• Auditor Information
  • Auditors Detail
    • Auditors Detail
• Full company history
  • Enquiry History
    • Past enquiry details
  • Debtor Monitoring
    • Monitoring of a business and its directors
  • Bank Codes
    • Express Bank Code: 3 hour turnaround time
    • 24 Hour Bank Code
  • Bank Report
    • Full and General Report
    • Confirmation of bank details, bank code and account conduct compiled by the bank manager
  • Bank on File
    • Existing information on the MIE Background Screening Database
  • Trade Investigation
    • References are obtained by MIE Background Screening on the payment habits of a business
  • Trade on File
    • Existing trade references on the MIE Background Screening database
  • Deeds Search
    • Property and bond details on both the business and directors. Also reflects the information on bonds registered against moveable assets of the business
  • Deeds on File
    • Information concerning properties and bonds obtained during previous enquiries