By Jenny Reid, iFacts Employee Screening and Vetting Services
Credit checks in South Africa are crucial in assessing financial reliability for individuals and businesses. With a unique socio-economic landscape shaped by diverse cultural practices and historical influences, credit checks have become a standard part of many processes, from securing loans to applying for jobs.
However, they also raise important questions about privacy, fairness, and accessibility, particularly in a country where financial inclusivity is still a work in progress. Understanding credit checks’ implications helps navigate the balance between financial opportunity and accountability.
