Your Credit Report, Your Rights: Mastering the Power of Access and Dispute
(Decoding Section 72(1) of the National Credit Act)** I. Introduction Imagine being denied a loan because of an error on a document you’ve never even seen. This scenario...
Know Your Power: How Credit Education Is Your Financial Shield**
(Understanding Section 13(a) of the National Credit Act)** I. Introduction Do you truly understand the power your credit health holds over your future? For many South Africans, the...
Why having credit cards can be good for your credit profile?
When used responsibly, credit cards can be a powerful financial tool that will assist you to build a good credit score which in return might mean you can...
Springboard Into 2021 With These 28 Money Saving Strategies
Hopefully this article finds you chilling under a candy stripped umbrella somewhere on a sandy South African beach. And if that isn’t the way you are spending your...
What does the all-time low repo rate mean for you?
What does the all-time low repo rate mean for you? The South African repo rate currently sits at 3,5% - the lowest in over 20 years. How does...
Does it hurt my credit profile when I check my credit score?
We have heard this question often: “Does it hurt my credit profile when I check my credit score?” When a bank or lender carries out a hard search...
MoneyShop Credit Health Report
This report has been compiled using credit report data of clients who applied for credit via the MoneyShop platform between October 2019 and September 2020. Over 1m records...
What is a Credit Bureau?
A credit bureau is a company, registered by the National Credit Regulator, that has the right to both store and selectively sell your credit data. A credit bureau...
How do I improve my credit score?
Your credit score is one of your most important financial assets - maintaining a good score will enable you to have a good financial life. But what if...
Am I blacklisted? What can I do to fix this?
There is this general idea held by consumers that if you don’t pay your bills, you can become ‘blacklisted’. In reality there is actually no such thing as...