Credit Check Consent

You authorise Prospera Loans and its approved service providers to verify your identity, contact details, employment or income information, bank account information, and application information.

You authorise credit bureau enquiries, fraud prevention checks, affordability assessment, and repayment-risk assessment for the purpose of evaluating your application and managing any resulting credit agreement.

The results may be used to decide whether to approve, decline, price, review, suspend, or manage a loan application or loan account.

Prospera Loans may retain records of checks, decisions, and supporting evidence where required for audit, regulatory, fraud prevention, complaints, or legal purposes.

Where legally permitted or required, Prospera Loans may report account conduct, arrears, settlement, or default information to registered credit bureaux.

You may have rights to access and challenge inaccurate credit information through the relevant credit bureau and applicable South African law.