Credit Bureau Monitor - Q2 2016

3 Years Ago
Cred-it-data Support Team
Legal News

Summary

 

Monitor Second Quarter | June 2016
As at the end of June 2016:

  • Credit bureaus held records for 24.08 million credit-active consumers, an increase
    of 0.9% when compared to the 23.88 million in the previous quarter. Consumers
    classified in good standing increased by 79,000 to 14.41 million consumers. As a
    percentage of the total number of credit-active consumers, this reflects a decrease of
    0.2% quarter-on-quarter and an increase of 4.9% year-on-year.
  • The number of consumers with impaired records increased by 124,000 to 9.67 million,
    from 9.55 million in the previous quarter.
    • The number of accounts decreased from 84.96 million in the previous quarter to
    84.56 million. The number of impaired accounts increased from 19.92 million to 20.24
    million when compared to the previous quarter, an increase of 314,000 quarter-onquarter
    and a decrease of 1.47 million year-on-year.
  • A total of 434.37 million enquiries were made on consumer credit records, an increase
    of 10.9% quarter-on-quarter and 5.2% year-on-year. Enquiries initiated by consumers
    accounted for 16.48 million of all enquiries, a decrease of 3.0% quarter-on-quarter and
    an increase of 24.6% year-on-year.
  • Of the total enquiries made on consumer records, enquiries from banks and other
    financial institutions accounted for 67.5%, enquiries from retailers accounted for 6.0%
    and enquiries from telecommunication providers accounted for 8.4%. Banks and
    other financial institutions’ enquiries increased by 1.8% from the previous quarter,
    retailers decreased by 1.0% and telecommunication providers increased by 151.2%.
  • The number of credit reports issued to consumers increased from 129,458 in the
    previous quarter to 145,013. Of the total credit reports issued, 75.0% (108,818) were
    issued without charge, and the remaining 25.0% (36,195) were issued with charge.
  • There were 33,989 disputes lodged on information held on consumer credit records
    for the quarter ended June 2016, an increase of 15.0% quarter-on-quarter and 21.4%
    year-on-year.
Rate this News article:

Attachments


bfe955c2-fe5a-4ecb-ba83-dfe1.pdf CCMR June 2016.pdf (1.00 MB, 629 views)
ed9e0baa-cb39-4bff-bdc7-e9c9.pdf CBM June 2016.pdf (1.00 MB, 388 views)

Add Your Comments



Name:
Email Address:
RadEditor - HTML WYSIWYG Editor. MS Word-like content editing experience thanks to a rich set of formatting tools, dropdowns, dialogs, system modules and built-in spell-check.
RadEditor's components - toolbar, content area, modes and modules
   
Toolbar's wrapper  
Content area wrapper
RadEditor's bottom area: Design, Html and Preview modes, Statistics module and resize handle.
It contains RadEditor's Modes/views (HTML, Design and Preview), Statistics and Resizer
Editor Mode buttonsStatistics moduleEditor resizer
 
 
RadEditor's Modules - special tools used to provide extra information such as Tag Inspector, Real Time HTML Viewer, Tag Properties and other.
   
Verification Code:

Details

Type: INFO
Article not rated yet.
Article has been viewed 1.2K times.

Options