Archive for July, 2011

Improve Your Credit Score (Part 2)

Your credit record is your financial ‘good name’. It’s your reputation in the eyes of credit and other service providers and it’s one of the most important considerations when deciding if they should lend you money.

Read more

Judgments Fall But Debt Remains High

On average four-fifths of after-tax income goes just to service debt, leaving one-fifth for food, school fees and uniforms, transport, insurance and medical costs.

Read more

Improve Your Credit Score (Part 1)

Your credit record is your financial ‘good name’. It’s your reputation in the eyes of credit and other service providers and it’s one of the most important considerations when deciding if they should lend you money.

Read more

5 Credit Report Errors That Jeopardize Home Loans

Credit report errors can cause significant changes in your credit score, yet, many borrowers aren’t disputing these sorts of errors – which could make a difference in their home-buying prospect.

Read more

Banks – 1: Consumer Rights – 0

The Reserve Bank, on behalf of SA’s retail and commercial banks, made an application to the Department of Trade and Industry (DTI), to have the banks granted an exemption from various provisions of the CPA.

Read more

Balloon Payments May Pop Your Dreams

You ask “how bad can a balloon repayment be?”. Bad, very bad.

Read more

How To Secure A Home Loan

It is therefore imperative to have a clear credit record when applying for home loan finance.

Read more

Balloon Payments Bubble – Bursts!

The number of South African consumers who opt for balloon payments when financing their vehicle has fallen significantly over the (past) four years, down from 22% in July 2007 to 9,5% in June this year.

Read more

Common Credit Myths About Buying A Home

Knowing the truth behind some common credit myths — and understanding one’s own credit history and credit score — makes it easier to take advantage of the many opportunities still available for home buyers.

Read more