Credit score ranges explained


We all know that the credit bureaus compile information on all credit transactions we are involved in and make these reports available to financial institutions and potential lenders when we are looking for credit, financing or a loan. We understand that they generate a score based on all this information and numerous other factors and this will impact our ability to access credit and very often, the rate of interest we will pay. Remember, with vehicle finance and particularly a bond, even a 0.5% reduction in interest rate can make a significant difference. That is generally where the understanding ends and few people know what a good score is or what a bad score is.

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7 Tips to increase your credit score


Increase your credit scoreThere are many things that you can do increase your credit score. They are all relatively simple and well worth the effort, considering the importance of your credit rating.

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How to dispute an error on your credit report


Fix Errors On Credit Report

As with anything, errors can creep into a credit report. It is important to inspect your credit report for errors in order to rectify them and have them removed.

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How to read and understand your credit report


With the exception of those living completely off the grid, or people with no bank account, store accounts or any type of credit account, all South Africans have an extensive and detailed credit report that is registered with several companies known as credit bureaus.

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