Credit Repair definition

Credit Repair shall bear the meaning set out in Notice 169 published in terms of the Consumer Affairs Act, 71 of 1988 (published in Government Gazette No. 18646);
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Credit Repair means services or goods that are intended to improve a consumer report, credit information, file or personal information, including a credit record, credit history or credit rating; (“redressement de crédit”)
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Credit Repair. Credit repair is the process of improving creditworthiness with creditors. The companies or agencies that help to legally clean-up bad credit information in order to give a fresh start to the consumers are known as credit repair companies/agencies or credit clinics.
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Examples of Credit Repair in a sentence

  • You are entitled to receive a free copy of your credit report if you are unemployed and intend to apply for employ- ment in the next 60 days, if you are a recipient of public welfare assistance, or if you have rea- son to believe that there is inaccurate informa- tion in your credit report due to fraud.‘‘You have a right to sue a credit repair orga- nization that violates the Credit Repair Organi- zation Act.

  • The Credit Union and FICO do not provide “credit repair services” and are not “credit repair organizations” as these terms are defined under federal or state law, including the Credit Repair Organizations Act.

  • You have a right to sue a credit repair organization that violates the Credit Repair Organization Act.

  • Specimen Payment Request Letter (applicable to ABI Repair and Hire Agreements) This claim is made under the terms of the ABI Credit Repair Agreement and payment is required within one calendar month We initially advised you of this claim on the ………………………………… or This is our first notification and New Claim Advice form is attached.

  • Credit Repair Communications will be sent in accordance with your instructions and information along with National Credit Store’s analysis of your credit reports.

  • Assistance may also include a one-time payment of rental arrears for up to 6 months.Services: Housing Search, Housing Placement, Housing Stability, Mediation, Legal Services, Credit Repair, Budgeting, Money Management.Rental Assistance: Short - Up to 3 months, Medium – 4-24 months.

  • Copies of written Credit Repair Communications will be provided to you upon request.

  • Bank of America is Not a Credit Repair Organization FICO is a registered trademark of the Fair Xxxxx Corporation in the United States and other countries .

  • Bank of America is Not a Credit Repair Organization FICO is a registered trademark of the Fair Xxxxx Corporation in the United States and other countries.

  • Homeless Veterans Credit Repair, Enhancement, and Debt Improvement for Tomorrow Act.


More Definitions of Credit Repair

Credit Repair means the activities of a credit repairer; (“redressement de crédit”)
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Credit Repair means any service that is sold, provided or performed (or promoted with representations that it is sold, provided or performed) for the express or implied purpose of: (i) improving any consumer’s credit record, credit history, or credit rating; or (ii) providing advice or assistance to any consumer with regard to any activity or service that purports to improve any consumer’s credit record, credit history, or credit rating.
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Related to Credit Repair

  • Credit report means any written, oral, or other communication of

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Letter of Credit Reserve has the meaning set forth in Section 2.1.2(d).

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Credit Risk means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Good repair means about eighty percent of materials and compo- nents are unbroken, have all their pieces, and can be used by children as intended by the manufacturer or builder.

  • Emergency repair means work necessary to prevent destruction or dilapidation to real property or structural appurtenances thereto immediately threatened or damaged by fire, flood, earthquake or other disaster.

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Letter-of-Credit Right means a right to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance. The term does not include the right of a beneficiary to demand payment or performance under a letter of credit.

  • Letter of Credit Related Person has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Letter-of-Credit Rights means "letter-of-credit rights" as such term is defined in the UCC, now owned or hereafter acquired by any Person, including rights to payment or performance under a letter of credit, whether or not such Person, as beneficiary, has demanded or is entitled to demand payment or performance.

  • Credit reporting agency means a corporation that carries on a credit reporting business.

  • Repair means to restore to proper operating condition a tank, pipe, spill prevention equipment, overfill prevention equipment, corrosion protection equipment, release detection equipment or other UST system component that has caused a release of product from the UST system or has failed to function properly.

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Emergency Repairs means repairs to a utility facility located in or adjacent to a primary city street that must be performed immediately when the necessity arises to safeguard life or property or maintain continued operation of the facility.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Property Protection Advances shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • Sustainability Linked Loan Principles means the Sustainability Linked Loan Principles as most recently published by the Loan Market Association and Loan Syndications & Trading Association.

  • Property Protection Advance shall have the meaning assigned to the term “Servicing Advance” in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Major repair means either: (1) for a dispersal system, repairs required for an OWTS dispersal system due to surfacing wastewater effluent from the dispersal field and/or wastewater backed up into plumbing fixtures because the dispersal system is not able to percolate the design flow of wastewater associated with the structure served, or (2) for a septic tank, repairs required to the tank for a compartment baffle failure or tank structural integrity failure such that either wastewater is exfiltrating or groundwater is infiltrating.

  • Credit Risk Manager The Murrayhill Company, a Colorado corporation.

  • Credit Reference Bureau means a credit reference bureau duly licensed under the Banking Act pursuant to the Banking (Credit Reference Bureau) Regulations, 2013, as amended, revised or promulgated from time to time, to inter alia, collect and facilitate the sharing of customer credit information;