The NLR currently has more than 33,000,000 registered accounts (including both active and closed accounts) and repayment details of over 6 million micro-loan accounts holders are uploaded every month to the database which makes it one of the most up to date and current databases in the market.
With more than 2500 micro lending clients’ country wide, Compuscan is the largest supplier of NLR data to the industry for the last 11 years. Not only that, Compuscan is primarily responsible for maintaining the quality of this data and keeping it current. All in all without Compuscan’s knowledge of the micro lending industry, the NLR might not have been where it is today.
Up until now, Compuscan has been a secondary provider of NLR data, which means that we buy the data from a primary / direct data host and then resell it. As expected, it has been a dream of ours for many years to become a primary or direct host of the NLR.
With that said, the time has finally come! Our dream has come true!
It is with great pleasure that we would like to inform you that The National Credit Regulator (NCR), has selected Compuscan as an official NLR host! We are now officially on par with our competitors!
We are working diligently to get everything ready in order to get the data out to our clients during the last quarter of this year.
This triumph does not just belong to Compuscan; it has profound benefits for our customers as well.
Compuscan will be your ‘one stop shop’ for all the credit bureau information you require, all on one credit report! May it be NLR, CPA, fraud information, contactibility information or business information.
Our ongoing data enrichment efforts will also soon bring you CIPRO data, deeds data and commercial judgments making Compuscan’s data a powerful cocktail for managing your risk and combating fraud.
We hope that this good news will be received as well by you as it has been by Compuscan. Here’s to you, our valued clients who have supported us through the last 14 years. Without you, this dream could not have become a reality!
Should you have any questions or comments, please contact us at Tel: 021 888 6000 or E-mail: info@compuscan.co.za
The NLR currently has more than 33,000,000 registered accounts (including both active and closed accounts) and repayment details of over 6 million micro-loan accounts holders are uploaded every month to the database which makes it one of the most up to date and current databases in the market.
