Insights

Insights - News Blog

Posts Tagged 'credit score'

We are pleased to present below all posts tagged with 'credit score'. If you still can't find what you are looking for, try using the search box.

How does applying for a home loan affect your credit score?

Most consumers are aware that any lender in South Africa doing a credit check on their personal profile could negatively affect their credit score. While this is true in some circumstances, it’s important for consumers to understand when it applies.

There are certain types of credit checks that affect a customer’s credit score, and some credit checks that will not affect scoring at all.

Popular tags: , , , , ,

Who Does Credit Checks in South Africa?

A credit bureau is a company that collects and maintains information about consumers' credit and payment histories. Their purpose is to provide credit providers with accurate and up-to-date information to assess the creditworthiness of individuals and determine their ability to repay loans.

Popular tags: , , , , , , , ,

My credit score and affordability are great, so why was I declined?

The bank will assess your application by way of a sustained affordability test – assessing future economic factors as well as current ones. The main ones include interest rates and inflation. Read on to learn more...

Popular tags: , , , , , , , ,

Why Was My Bond Application Declined?

Buying an immovable property is one of the most fulfilling experiences in life, and when one embarks on that endeavor, hurdles along the way are definitely not appreciated. This is why more and more home buyers are finding it much easier and convenient to use the services of bond originators in the application process of home loans.

Popular tags: , , , , , , , , , , , , ,

Subscription

Get the latest updates in your email box automatically.

Search

Archive