Credit report question

[The_Ogre]

I sold a house just over 4 years ago, and since I need to start worrying about a new bond again I need to mind my credit score. So I pull a report from VeriCred now and it indicates the bond of the house in question is still open, along with my current bond which is also still open. I've noticed this all along thinking that eventually it's going to disappear from my report.

Did this happen to anybody who sold within the last few years? I mean ABSA would have reached out to me a long time ago for their service fee if the bond was indeed still open? I can't even remember what company I used when I sold that house to confirm if they followed my request to cancel the bond.

 

[SauRoNZA]

Bank seem notoriously kak at updating this ****.

Had the same with a car that was settled through Nedbank when applying for a Home Loan.

FNB declined me saying I had lied about my expenses, meanwhile the car was long since settled.

I have a feeling they register it against your record for the full term and then don’t update it when you settle.