What’s the difference between a Payday and a Personal Loan?
You’ve finally decided to get into shape because your current shape is completely unrecognisable. That New Year’s resolution list, you knocked out on the beach 5-months ago (with...
How much can I be charged when I take out a loan?
There always seems to be far more month than money left in your bank account, and unless you can miraculously cash in on the Lotto Powerball ticket, pinned...
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...
The web is full of unscrupulous marketers looking to cash in on your “I need a loan” Google searches
You are tossing and turning like a load of laundry in a quick wash cycle. As you roll over, your digital bedside clock reaffirms what you already know...
Can you trust payday lenders and loan sharks?
Sometimes payday can seem a century away. It can push you to your limits – and straight into the arms of payday lenders and loan sharks. They can...
Should you pay off your credit card with a loan?
A credit card can sometimes feel like a burden, but taking a personal loan to pay it off may not be the best decision. In your effort to...
Take the right steps to ensure your personal loan is approved
Applying for a personal loan is not a difficult task, especially when you have a service like MoneyShop that offers a free and easy way to apply online, however, the problem lies...
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...
Should you take out a loan for your partner?
Taking out a loan on your partner's behalf is adorable, but before you sign on the dotted lines, make sure you know what you are getting yourself into....
Loan scams: How to protect yourself from loan scams
The current economic situation we’re experiencing in South Africa has created a strong appetite for credit. Often consumers need to borrow money out of desperation just to help...