In Nigeria, your BVN (Bank Verification Number) is your financial identity. If your BVN is blacklisted, it means you may face challenges like loan rejections, frozen accounts, or being unable to access new credit. Many Nigerians are unaware of their BVN status until they are denied a loan or service.
The good news is that you can check your BVN status and fix any issues directly on PebbleScore.
Follow these easy steps to clear your BVN:
Step 1: Check Your Latest Credit Report
The first step is to check your credit report. PebbleScore retrieves your information directly from the three licensed Nigerian credit bureaus CRC Credit Bureau, FirstCentral Credit Bureau, and CreditRegistry. Each one might have slightly different information about you.
These reports show if your BVN is tied to outstanding loans, late payments, or other red flags.You can read our guide on how to read and understand your credit report to learn how to interpret the details.
Step 2: Identify Visible Issues
Once you see your report, you can quickly identify what may have led to your BVN being blacklisted. This may include unpaid loans, defaulted accounts, or errors in your report.
We explained these common problems in our blog on credit repair for beginners.
Step 3: Fix Bad Loans Through PebbleScore
If you have unpaid loans, PebbleScore’s credit repair feature allows you to pay them off directly through the app. You must ensure you input the correct bank details of your lenders. PebbleScore also gives you the option to create a flexible payment plan, so you can pay in installments.
Once your loan is fully repaid, PebbleScore updates your record with the credit bureaus and ensures your BVN is removed from any blacklist.
Step 4: Raise a Dispute if Paid Loans Still Show
Sometimes, even after repayment, your old loans may still appear as outstanding. If this happens, you can raise a dispute through PebbleScore. We will liaise with the bureaus to ensure your records are updated accurately.
This step is crucial because having an outdated record can prevent you from accessing financial opportunities.
Step 5: Stay Consistent and Whitelist Your BVN
Following these steps diligently ensures your BVN is properly updated and whitelisted. Once this is done, you can confidently apply for loans and other financial services without fear of rejection.
Conclusion
Being blacklisted is stressful, but it’s not permanent. With PebbleScore, you can check your BVN status, pay off your loans, raise disputes, and clean up your financial history.
Take the first step today. Download PebbleScore and check your credit report.