MASSIVE CREDIT SCORE CHANGES COMING TO SOUTH AFRICA

The credit scoring industry is about to undergo some massive changes. This will have an impact on all...

HOW TO INCREASE YOUR CREDIT SCORE IN SOUTH AFRICA

Do you want to know how to increase your credit score in South Africa? Stick around because, in...

CREDIT SCORE REQUIRED TO APPLY FOR VEHICLE FINANCE

Do you want to buy that new car, bakkie or SUV but the car prices these days are...

CREDIT SCORE REQUIRED TO APPLY FOR A BOND

So you have found your dream home and you are fed up when it comes to paying someone...

9 WAYS THE CORONAVIRUS COULD AFFECT YOUR CREDIT SCORE

The Coronavirus (also called COVID-19) pandemic has brought the country – and much of the world – to...

HOW CREDIT CHECKS WORK AND WHO CAN DO THEM?

A credit check is a procedure that tells you more about someone's financial standing: Do they pay their...

HERE’S WHY YOU NEED A CREDIT SCORE

MyCreditStatus can help you to check your credit score in just a few steps from signing up: At...

WHAT YOU SHOULD KNOW ABOUT PAID-UP LETTERS

Other than settlement letters and quotation letters, a paid-up letter is an important document related to credit agreements...

CAN A DEBT REVIEW FLAG BE REMOVED FROM A CREDIT REPORT?

A debt review flag has a notably bad effect on your overall credit score. Therefore, many of you...

LOW CREDIT SCORE? HERE ARE THE UNLIKELY THINGS THAT CAN AFFECT IT

Your credit s​​​​core is calculated based on your credit profile, and your credit score tells a credit provider...

HOW LONG DOES NEGATIVE INFORMATION STAY ON A CREDIT REPORT?

Negative information on a consumer’s credit report severely affects the consumer’s chances of a positive credit score. Therefore,...

WHY YOU SHOULD CHECK YOUR CREDIT REPORT OFTEN

Viewing your credit report, builds and maintains good credit. It is one part of managing your personal finances...

SHOCKING STATISTICS ABOUT CREDIT SCORES IN SA

South Africa has one of the World’s highest unemployment rates and things aren’t improving much. More than 30%...

HOW TO USE YOUR CREDIT CARD TO IMPROVE YOUR CREDIT SCORE

Having access to credit can save you when things do not go according to plan and you need...

HOW TO IMPROVE YOUR CREDIT SCORE BY 100 POINTS

Statistics show that only 3% of the 24 million South Africans with credit access and understand their credit...

CREDIT UTILIZATION AND WHAT YOU SHOULD KNOW ABOUT IT

Your credit utilization rate consists of how much you currently owe divided by your credit limit This rate...

HOW DOES CREDIT CARDS INFLUENCE YOUR CREDIT SCORE

Credit cards have an impact on your credit score whether you have one or not. Credit bureaus keep...

IDENTITY THEFT IN SA BOOMING

What is Identity Theft?Identity theft is a common problem throughout the world and South Africa is no exception...

HOW TO CREATE A DISPUTE WITH EXPERIAN

Having inaccurate information on your credit report, particularly negative information can seriously affect your ability to obtain credit...

WHAT TYPE OF DEBTS AFFECT YOUR CREDIT SCORE AND HOW?

The simple answer is all debt…Unless you borrow money from a friend or relative, all and any debt...

10 REASONS WHY YOU SHOULD GET YOUR CREDIT REPORT

Your credit score is a very important part of your financial security, yet most people do not even...

THE DIFFERENCE BETWEEN A HARD AND A SOFT INQUIRY

You may or may not be aware that every time you apply for credit and an inquiry is...

INCREASING YOUR CREDIT SCORE (USE A THIRD PARTY OR NOT?)

Many people find themselves in a situation where their credit score has deteriorated and they have great difficulty...

DO I HAVE TO MAKE DEBT TO GET A GOOD CREDIT SCORE?

One of the ironies about credit is that if you do not have any, it is difficult to...

5 THINGS THAT WILL AFFECT YOUR CREDIT SCORE THE MOST

Make no doubt about it, unless you plan to live in a treehouse near the beach and live...

HOW YOUR CREDIT SCORE WILL CHANGE WITH DEBT REVIEW

There is no doubt that going under debt review will seriously affect your credit profile and reduce your...

CREDIT SCORE RANGES EXPLAINED

We all know that the credit bureaus compile information on all credit transactions we are involved in and...

7 AMAZING TIPS TO INCREASE YOUR SCORE

There are many things that you can do to increase your credit score. They are all relatively simple and...

DISPUTING ERRORS ON YOUR REPORT

As with anything, errors can creep into a credit report. It is important to inspect your credit report...

HOW TO UNDERSTAND YOUR CREDIT REPORT

With the exception of those living completely off the grid, or people with no bank account, store accounts...