You Have The Right To Know Why Your Credit Application Was Refused
The thing about “consumer rights” is that most consumers aren’t even aware of them! In fact, there are several pieces of consumer-focused South African legislation that have been...
What exactly is a credit bureau?
Put up your hand (nobody is watching), if you’ve ever been in the following situation? On a whim, you’ve decided to apply for “credit”, a store clothing account...
How credit enquiries affect your credit score
Before credit providers lend money to you, they will conduct a credit enquiry on you each time you visit them. This is to determine the level of risk...
What impact does your credit score have on your insurance?
Your credit score is usually a measure of how likely you are to pay back a loan. Those digits determine whether you will get credit or not. But...
How can I fix my credit report
Your credit report is an important document. It tells the details of your financial status, highlights how much debt you have, your payment history, and any judgements against...
My credit score is good – so why was it denied?
Your credit score may look good, but that doen't mean your loan application will be approved. You have managed to maintain a good credit score; your account payments...
My credit score is good – so why was my loan application rejected?
Your credit score may look good, but that doesn't mean your loan application will be approved. You have managed to maintain a good credit score; your account payments...
Reasons you don’t see some accounts on your credit report
Ever wondered why you don't see some accounts on your credit report? Moneyshop finds out for you. Despite the National Credit Regulator (NCR) reporting a slight decline in...
Your credit report explained
Financial savviness starts with little things such as understanding your credit report. Many consumers are either not educated about their credit reports or reluctant to check them. This...
Credit facilities – the most popular debt in South Africa
Consumer appetite for credit facilities has increased according to the Credit Market Report (CCMR) published by the National Credit Regulator (NCR) in April. The report showed that there...