Articles - Page 6 - CreditReportSA

Credit Bureau Check - Why Get It?

In this world of credits and loans to buy the comfort that makes life easy and good to live a good credit situation is very necessary for everyone. As a result, therefore, one should do a credit bureau check often. This is also necessary due to the fact that financial activities are not a static entity and change every day as our demands are satisfied. As a result of this constantly changing situation, being updated and accessing information from different sources may be very useful to obtain as other records are being added to your credit report. There is no way you can keep a good handle on your credit report without doing credit bureau check often.

How to Convince Creditors Not to Ruin Your Credit Score

Did you know that South Africans are forking out approximately 76% of their salaries on debt repayments as of 2014? We’ve all been there, whether it’s a clothing account, gym membership or student loan, debt repayment is part of the consumer experience in our country. Knowing how to manage that debt and better communicate with creditors and debt collection agencies is key in forging a healthier credit score and wealthier bank account in the immediate future.

Fixing Your Credit Made Simple

Are you one of the many South African who struggle to obtain a home loan or other forms of credit, due to the fact that your credit score is to low? You should know that you will not be able to fix your credit over night and that it will take some time fix. There are thus a few things which you can do in order to repair your credit so that you can obtain that much needed mortgage or car finance. In this article will I give some useful tips which you can use to repair your credit over time.

What happens to your credit when you get married?

For better or worse, for richer, for poorer Marriage is a wonderful union but it is not just two people coming together. Invariably, finances and to an extent credit profile also become intertwined. Although you will still have a personal credit score, if you make joint purchases, a home, for example, this will affect both parties. The upside is that most lenders will look at the couple’s joint income which will be to your advantage.

Any Disputes On Your Credit Report? – 5 Easy Steps To File Any Disputes

In South Africa has it never been as important to have a clean credit rating. It will have an impact if you apply for a home loan or even to find a job. It is of utmost importance that you make sure that the information on your credit report is truthful and accurate. You have the right to file any disputes that you might find is inaccurate or out dated. In most cases will you be able to sort it out by your self, but if you run into any problems, then you should make use of a consumer law attorney. In this article will I explain in five simple steps how to file a dispute successfully.

How To Raise Your Credit Score

_"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."_ Credit can be useful. Whether you use it to get you through a few rainy days when you know the money will come in soon, to help you purchase a valuable asset or build a business; it can come in handy by allowing you to afford things faster when you need them. In order to be able to take advantage of this opportunity, you will need a good credit score. Your rating with the credit bureau is based on your credit history. If you do not have a good history or simply wish to improve your existing one in order to qualify for more credit, there are a few things you can do.

3 Items You Don’t Want to See on Your Credit Report

Your credit report works in a similar way to a report card you would get back in school. It demonstrates your ability to repay debts and show how capable you are at making good on your financial obligations. Statistics show that 25% of consumers have a credit score of below 600 which is classified as a “bad” credit score.