In this week's My Money, My Lifestyle Podcast, Maya and Mapalo unpack the myths and the facts around what affects your credit score and how you can improve it.
Tag - credit score
When buying a house or car, having an excellent credit score and therefore qualifying for a better interest rate could save you tens of thousands of rands.
Sometimes we need to access credit for emergencies, student loans, or to buy a car. The key is to try and get the best possible interest rate ‒ which means you need a good credit score.
In trying to manage your personal finances during the current economic times, taking heed of your credit report is an important element.
A reader asks how he can improve his credit score once he's ve settled all his debts.
Every South African is entitled to one free credit report per year from each of the credit bureaus. Checking your record is not only to check your payment history but also to protect yourself against ID theft.