by Ean | Jun 24, 2021
Remember, a credit report is a background on your credit history and financial situation. The credit report shows how you have managed past debts, what you borrowed the money for, and whether you paid it back on time or not. This helps creditors get a glimpse of your...
by Ean | Jun 24, 2021
As you will probably have concluded after the lessons focused on fully breaking down a credit report, there is a lot of importance associated with your credit report. Why is it important? The reality is that we function in a money world where credit health and money...
by Ean | Jun 24, 2021
Credit scoring and credit reports have been used for much of the credit industry in South Africa. South African banks, clothing and furniture retailers, specialised lenders and insurers all use credit scores. In the mid-2000s, The National Credit Act, and with it the...
by Ean | Jun 24, 2021
The big challenge with credit reports is that they need to be as up to date as possible and this requires a lot of resources. Logically, this means credit bureaus can’t just give the information away for free the whole time. To assist consumers, you can get one...
by Ean | Jun 24, 2021
Credit scores are probably the quickest and most generally used way of seeing whether a person is a good candidate for an application or not. It is much simpler to access than a full report and works great as an easy scoring tool when you work with thousands of people...
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