Getting ITC Clearance before emigrating

There are a lot of people that plan to emigrate this year, due to financial stress in South Africa, safety issues, and work opportunities overseas.

If you are currently in a financial predicament, chances are your ITC record have been compromised, whether it be a late debit order payment, a flagged account at ITC, or any financial obligation that you might not have met because of the current situation you are in.

If you are in the process of emigrating this year, it is of the utmost importance that you get ITC Clearance first if your record is not up to standard.

Why should I get ITC Clearance before emigrating?

Firstly, it will feel much better to know that you are starting on a clean slate entirely and that your past credit record does not follow you wherever you go, this will bring you much more comfort in leaving your country and immigrating to a new one.

Secondly, your ITC record will remain as is, if you don’t get clearance before you emigrate, meaning, should you ever want to return, albeit to visit family, there might already be a judgment against your name, or if you continue with the current trend already flagged on your ITC record, the creditors can still make a judgment against your name which will remain on your record for the next 30 years if you do not deal with it. This can lead to court cases and much more when returning to your original country of residence.

Lastly, if you want to make credit in the new country of residence there is a major chance that these creditors will do a credit assessment based on your credit history, the chances are zero to none that they will then pickup your history of bad credit and you will not be able to make any credit applications in the new country of residence which will put you back in your previous financial predicament.

What should I do to avoid this when emigrating?

Contact out expert team of advisors at NDCSA before you emigrate so we can assist you to get ITC Clearance and obtain an ITC Clearance certificate as proof that you rectified past financial mistakes and that your credit record is in good standing.

Our professional team at NDCSA have dealt with numerous cases like these and we have the necessary skills and resources to help you start your emigrating journey on a new clean page. We are here to make your life as easy as possible, be sure to visit our website to get more information on how we can help you.