SS
Sibusiso S
1 reviews | Active since Jun 2023
13 Dec 2024, 13:38
**** Investment Account Opened in My Name
I just lost 7 points on my latest credit report due a **** Telesure Investment Account that's opened under my name. I have never been in contact with Telesure, never dealt with them or agreed to open any accounts with them. How is it that an account has been opened in my name and my they did not verify the true identity of the person opening the account? How do I immediately get the account closed and removed from my credit report as I've been building my credit score to access credit that I'll need in the foreseeable future.
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Replies (4)
Telesure Investment Holdings's replyOfficial
13 Dec 2024, 13:44Good day Mr. S Buthelezi.
Thank you for reaching out to us.
You have a policy with First for Woman and the policy number is ***.
Your First for Women policy is a short-term insurance policy.
Telesure does not send any adverse information to credit bureaus. As a CPA member we are bound to send normal payment profile - this is used to determine a person's affordability.
We do not send negative ratings to the Credit Bureau's as insurance is billed in advance.
If the clients' insurance is not paid, the client will have no cover for that month.
Kind regards,
The Telesure team.
Thank you for reaching out to us.
You have a policy with First for Woman and the policy number is ***.
Your First for Women policy is a short-term insurance policy.
Telesure does not send any adverse information to credit bureaus. As a CPA member we are bound to send normal payment profile - this is used to determine a person's affordability.
We do not send negative ratings to the Credit Bureau's as insurance is billed in advance.
If the clients' insurance is not paid, the client will have no cover for that month.
Kind regards,
The Telesure team.
Telesure Investment Holdings's reply13 Dec 2024, 13:44
Official
Good day Mr. S Buthelezi.
Thank you for reaching out to us.
You have a policy with First for Woman and the policy number is ***.
Your First for Women policy is a short-term insurance policy.
Telesure does not send any adverse information to credit bureaus. As a CPA member we are bound to send normal payment profile - this is used to determine a person's affordability.
We do not send negative ratings to the Credit Bureau's as insurance is billed in advance.
If the clients' insurance is not paid, the client will have no cover for that month.
Kind regards,
The Telesure team.
Thank you for reaching out to us.
You have a policy with First for Woman and the policy number is ***.
Your First for Women policy is a short-term insurance policy.
Telesure does not send any adverse information to credit bureaus. As a CPA member we are bound to send normal payment profile - this is used to determine a person's affordability.
We do not send negative ratings to the Credit Bureau's as insurance is billed in advance.
If the clients' insurance is not paid, the client will have no cover for that month.
Kind regards,
The Telesure team.
SS
Sibusiso S's updateReviewer Update
13 Dec 2024, 14:02Good Day,
Thanks for your response. I do not understand the point being made here, what's the relationship between Telesure and First for women? Yes I do have a ve icle insurance policy with first for women and my premiums are up to date. Where does Telesure Investment fit into my relationship with my vehicle insurance and why is there an investment account with Telesure on my credit profile which has reduced my credit score by 7 points that took me 4 month's to gain?
Thanks for your response. I do not understand the point being made here, what's the relationship between Telesure and First for women? Yes I do have a ve icle insurance policy with first for women and my premiums are up to date. Where does Telesure Investment fit into my relationship with my vehicle insurance and why is there an investment account with Telesure on my credit profile which has reduced my credit score by 7 points that took me 4 month's to gain?
SS
Sibusiso S's update13 Dec 2024, 14:02
Reviewer Update
Good Day,
Thanks for your response. I do not understand the point being made here, what's the relationship between Telesure and First for women? Yes I do have a ve icle insurance policy with first for women and my premiums are up to date. Where does Telesure Investment fit into my relationship with my vehicle insurance and why is there an investment account with Telesure on my credit profile which has reduced my credit score by 7 points that took me 4 month's to gain?
Thanks for your response. I do not understand the point being made here, what's the relationship between Telesure and First for women? Yes I do have a ve icle insurance policy with first for women and my premiums are up to date. Where does Telesure Investment fit into my relationship with my vehicle insurance and why is there an investment account with Telesure on my credit profile which has reduced my credit score by 7 points that took me 4 month's to gain?
Telesure Investment Holdings's replyOfficial
13 Dec 2024, 14:14Good day Mr S Buthelezi
Telesure is the Holding compnay for First for Women, Budget, Auto & General, Dial Direct and Virseker.
Kind regards,
The Telesure team
Telesure is the Holding compnay for First for Women, Budget, Auto & General, Dial Direct and Virseker.
Kind regards,
The Telesure team
Telesure Investment Holdings's reply13 Dec 2024, 14:14
Official
Good day Mr S Buthelezi
Telesure is the Holding compnay for First for Women, Budget, Auto & General, Dial Direct and Virseker.
Kind regards,
The Telesure team
Telesure is the Holding compnay for First for Women, Budget, Auto & General, Dial Direct and Virseker.
Kind regards,
The Telesure team
SS
Sibusiso S's updateReviewer Update
13 Dec 2024, 15:13Well this sucks, I've had comprehensive insurance for an uninterrupted period of +5 years, never missed a payment, never had a vehicle insurance policy appears on my credit report and took away hard earn points in turn. It's been about 5 month's with First For Women and this is what happens and it's somewhat okay.
SS
Sibusiso S's update13 Dec 2024, 15:13
Reviewer Update
Well this sucks, I've had comprehensive insurance for an uninterrupted period of +5 years, never missed a payment, never had a vehicle insurance policy appears on my credit report and took away hard earn points in turn. It's been about 5 month's with First For Women and this is what happens and it's somewhat okay.