Credit Record

• Notice of Sequestration - 10 years
• Notice of Rehabilitation - 5 years
• Notice of Debt Counselling (after termination of Debt Counselling) - removed immediately
• Notice of Administration (after lapsing or rescission) - removed immediately
• Notice of Administration (if current, i.e. not lapsed or rescinded) - 10 years
• Civil court judgments (High Court or Magistrates Court) - 5 years
• Adverse Information - 1 or 2 years (depending on type)
• Enquiries by Credit Providers or Subscribers - 2 years

Court judgments can be rescinded by the court that granted the judgment. Once rescinded, the credit bureaus must remove the judgment listing, this is because the court has made the judgment void.

Adverse Information can also be removed on instruction by the creditor. While members of the Credit Providers Association will only remove the adverse information in limited circumstances, most other creditors will do so following payment of the account.

Administration, Debt Counselling and Sequestration notices can also be removed following application to court.