How to BOOST your credit score in SOUTH AFRICA

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Here’s 5 ways to BOOST your credit score. Your credit score plays a significant role in determining your chance of home loan approval.

Your credit score is a three-digit number between 300 and 850 that tells the bank how much of a risk you are.
Your credit score is calculated according to your past payments, debts and other financial activity.
Improving your credit score usually takes around six months, although some methods can provide an immediate boost.
Methods for improving your credit score include paying off debt and reducing the amount of credit you use as a percentage of what’s available.

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3 Responses

  1. Fortune says:

    This is info that S.Africans really need to know but is not really thought throughout. Thanks for the enlightenment

  2. Mrs M C says:

    Thank you for bringing light in my credit life. This information helps a lot

  3. Louis Reynhardt says:

    I Hope that these 5 steps will help you improve your Credit score.
    Remember to be consistent and treat your credit well!

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