Tag Archives: credit reports

Empower a Community Today


In the words of Nelson Mandela: “Education is the most powerful weapon which you can use to change the world.” At Compuscan Academy we share this vision and believe that through education we can equip communities with the skills to make informed decisions and improve their current living conditions.

It is with this belief in mind that Compuscan Academy launched its Money Management Workshops last year and with which we again this year hope to equip individuals with vital money management and credit knowledge.This year, however, we are asking you to help us reach even more communities in need by nominating a community that you believe will benefit from the financial insight provided during these workshops.

The workshops are based on a uniquely designed training programme intended to increase the overall credit and financial literacy of individuals to help them steer clear of the pitfalls of debt. Workshop goers are exposed to budgeting and credit advice which will assist them to maintain sustained financial independence and credit health. In addition, individuals learn vital savings techniques which will assist in directing them towards a secure financial future.

At all workshops attendees are given the opportunity to receive a free copy of their credit report, provided they bring their ID documents along. On their credit report attendees can see their current creditworthiness status and are provided with critical information on how to improve their credit status to gain access to credit in times of need. Furthermore, the report makes individuals aware of their credit history and how paying their accounts on time can be used to their advantage.

In South Africa, where there is an unemployment rate of over 25% and where over 8.93 million consumers have an impaired credit record (Credit Bureau Monitor, National Credit Regulator December 2011), Compuscan Academy believes that financial literacy is the first step to changing the future of our country and with it doing our bit to bring vision to the words of Nelson Mandela and change the world.

To nominate a community please contact Compuscan Academy on 021 888 6000 or email   info@compuscanacademy.co.za 


Compuscan Academy Hosts Money Management Workshop

On the 9th and 30th May 2011, Compuscan once again chose to make a difference within the local communities. Compuscan joined hands with Community project leader’s Christopher Sloster and Randall Pienaar to bring about an awareness of consumer rights. As part of our community outreach, Compuscan fully sponsored both the events.

A total of 42 people were given the opportunity to be empowered in the following areas:

•    Taking charge of their financial situation
•    Assess and understand their financial status
•    Manage their credit accounts responsible
•    Understand credit bureaus and credit reports

Learners at the workshop were really grateful for the opportunity and had many valued questions. We believe that the learners left with a new perception of credit bureaus and also felt empowered to go out and to educate their family and friends. So in essence those 42 learners will not be using the term blacklist ever again but make more informed decisions.

Compuscan Academy will be doing more of these workshops later this year so watch the space as we come to your area to empower YOU!

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