The importance of knowing your credit score

According to a poll conducted by Justmoney.co.za, about 73% of the participants did not know their credit score. Knowing one’s credit score helps with keeping the credit accumulated up to date and to also make sure there is no incorrect information. Lenders go through clients credit score to measure the likelihood of whether the client will be able to pay for the money owed or not.

Editor of Justmoney & Moneybags, Angelique Ruzicka says “it is good idea to check your credit score at least once a year”

There are currently about 14 credit bureaus in South Africa where citizens can go to check their credit scores. To make sure that your credit score is accurate Ruzicka advises to visit more than one credit bureau.


Recommended

by THE NEWSROOM
Read More
Eusebius says EFF misread the moment by walking out on President's election

Eusebius says EFF misread the moment by walking out on President's election

Eusebius Mckaiser asked callers what they thought of how opposition parties conducted themselves in yesterday's election.

Women must stop enduring bad sex, says Dr Eve

Women must stop enduring bad sex, says Dr Eve

There's a big difference between 'bad sex' and sexual assault or harassment, clinical sexologist Dr Eve explains.

WATCH: Freshly Ground's Zolani Mahola rocks new single 'BLCK GRLS'

WATCH: Freshly Ground's Zolani Mahola rocks new single 'BLCK GRLS'

Freshly Ground's Zolani Mahola spoke about the band's latest music and the political climate in SA, before performing the new hit.

[LISTEN] ANC's Pule Mabe flatly refuses to give Eusebius reasons for Zuma recall

[LISTEN] ANC's Pule Mabe flatly refuses to give Eusebius reasons for Zuma recall

The ANC national spokesperson did not start his first day at the office post-Zuma on the most transparent note.

Have you checked your credit report lately?

Have you checked your credit report lately?

Your credit report is available to you on-line and for free. FInancial Fitness Coach Paul Roelofse motivates for regular checks.

WHY YOUR MONEY IS NOT SAFE IN THE BANK

Many South African small investors, especially pensioners, have large amounts in their money market accounts. They’re attracted to the apparent safety of these investments and the consistent returns they receive in the form of interest. They believe that the money market is safe. But is it really? Well, it depends…

Popular articles
‘Maimane, Malema will find Ramaphosa harder to deal with than easy-target Zuma’

‘Maimane, Malema will find Ramaphosa harder to deal with than easy-target Zuma’

Afternoon Drive’s Stephen Grootes interviews Senior Research Associate at the Institute for Security Studies Judith February.

Hawks video shows fugitive Ajay Gupta leaving SA

Hawks video shows fugitive Ajay Gupta leaving SA

The Hawks are in possession of video footage showing Gupta, wanted in connection with Vrede dairy farm scandal, leaving SA.

Eusebius says EFF misread the moment by walking out on President's election

Eusebius says EFF misread the moment by walking out on President's election

Eusebius Mckaiser asked callers what they thought of how opposition parties conducted themselves in yesterday's election.

LISTEN: Tannie Evita predicted Ramaphosa would be president in 1994

LISTEN: Tannie Evita predicted Ramaphosa would be president in 1994

Tannie Evita Bezuidenhout shares her thoughts on SA's new president.

Zwane, Dlamini, Muthambi and Gigaba may be axed in Ramaphosa reshuffle - journo

Zwane, Dlamini, Muthambi and Gigaba may be axed in Ramaphosa reshuffle - journo

Cyril Ramaphosa is expected to reshuffle the Cabinet as he takes over from Zuma and makes his mark the National Executive.

Hope Ramaphosa: Cyril never lifted a finger to me, he wouldn't beat a woman

Hope Ramaphosa: Cyril never lifted a finger to me, he wouldn't beat a woman

Cyril Ramaphosa's ex-wife says abuse allegations spread by EFF leader Julius Malema are an attempt to tarnish his reputation.