Archive for Credit Score
7 Innocent Ways To Damage Your Credit Score
But did you realize that otherwise insignificant financial decisions can also cause your credit score to plummet? Keep your credit report pristine by avoiding these potentially destructive moves whenever possible.
Read moreAvailable Credit to Debt Ratio: What it Means to Your Credit Score
However, there are many other factors involved when it comes to determining your actual credit score, and not all of them have to do with whether or not you pay your bills on time each month.
Read moreWhy Debt Consolidation Loans Don’t Work For Credit Scores
If you have a debt consolidation loan in progress, keeping your credit cards active by using them for a nominal purchase (R100 or less) may help you to lessen the potentially negative impact on your credit scores.
Read moreCredit Score: How To Improve
“Many people assume that as long as they pay their accounts on time, they have an excellent credit status. Seeing one’s credit score can be a real eye-opener.”
Read moreCredit Reports and Credit Scores: Beginners Guide
Most lenders as well as many service providers and employers utilize credit report information in assessing applications for credit, services and employment.
Read moreImprove 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 moreImprove 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 moreCredit Bureau Holds The Keys
If you have previously defaulted on your rental payments and are blacklisted on the credit bureau database, you are unlikely to secure that new home, if your prospective landlord screens you on TPN.
Read moreCredit Score: Why 720 Is Desirable
Tristan Powys (Credit Manager) @ Lucid Living Until recently, a credit score of 680 was something to be proud of. It meant you paid most of your bills on time, and had a solid enough record to get a loan at relatively good rates (according to South African norms). Related Posts:Credit Score too Low for [...]
Read moreCredit Scores Determine Insurance Premiums
At one insurer a poor credit score could cost you 35% to 40% more in premiums, while at another it could disqualify you from obtaining cover.
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