Understanding fees of the Credit Profile Assessment

At Wealthtec, we understand that understanding your credit report can be complex. That's why our Credit Profile Assessment is so valuable. The fee for this crucial first step is a once-off payment of R785 or R550. We want to be absolutely clear about what this fee covers, and what it does not, right from the start.

This once-off R785/R550 payment covers:

• Obtaining your updated, comprehensive credit report from our preferred credit bureau providers.

• In-depth analysis and expert interpretation of its contents. This is where we pinpoint exactly what’s under your name and what might be blocking you.

We look at your credit score – understanding if you're in a 'Very High Risk' (480-605), 'High Risk' (606-621), or 'Average Risk' (622-641) category, and what that means for your access to credit.

• We will identify any accounts in arrears or negative listings, and review your payment behaviour on existing and past credit accounts.

• Providing you with initial suggestions and a clear path forward based on the information from your credit report. You'll know exactly how Wealthtec can assist you in moving towards financial wellness.

Importantly, this R785/R550 once-off assessment fee is payable on your next payday, not today. We use a secure DebiCheck authorization process, which you will approve through your bank, ensuring transparency and your full control over the deduction."