Tag Archive: credit score


What Happens When You Make Late Loan Repayments

By April 12, 2021 5:39 pm

Think that making late loan repayments is not a big deal? Think again. Whether it’s a personal loan, home loan, credit card or even study loan, here are the consequences that can happen if you miss your repayments. 1. You have to pay more Whether it is repayment for a personal loan or your credit […]


Credit Card 101: Everything You Need To Know About Credit Card

By March 4, 2021 7:19 pm

What is a credit card? A credit card is a way to pay for goods and services and is essentially a type of short term loan issued by a bank or a financial institution to the account holder. This means that whenever you spend with your card, you’re borrowing money from the bank and paying […]


I’m Only 21 Years Old. Do I Need A Credit Score?

By February 5, 2021 11:27 am

Most of us are unaware of how important it is to start building our credit scores early in life. We only realise this 3-digit number plays a vital role in getting our bank loans and credit card applications approved later on. Read on to find out why you should start establishing your credit score at […]


6 Ways To Improve Your Credit Score

By January 25, 2021 5:19 pm

This article was first published in June 2017 and has been edited and updated for accuracy and clarity. Don’t limit your future by ignoring your credit score, here are tips you should follow to help you improve your credit score. What is a credit score? A credit score is usually derived from a person’s credit […]


How Credit Cards Can Affect Your Credit Score

By January 21, 2021 6:27 pm

Credit cards can boost or sink your credit score, a financial tool that opens doors to many good things in life – such as favourable bank loans for your dream car and home, as well as competitive interest rates. Find out what you should do and what to avoid so you can achieve a healthy […]


Don’t Fall For These 5 Credit Score Myths!

By January 18, 2021 6:38 pm

A good credit score can help you achieve important milestones in life – like getting a loan for your home, buying a car or starting a business. However, there are many misconceptions out there about how credit scores work. Here are the most common credit score myths that you should be aware of. Your credit […]


#CHInsights – How Does Credit Accessibility Impact Financial Inclusivity?

By January 12, 2021 8:25 pm

Greater financial inclusivity would open more opportunities for people to build savings, make investments and have access to credit. In this episode of #CHInsights, we take a deeper look at how credit accessibility affects the state of financial inclusivity in a county.  In a world still ravaged by income inequality, poverty, and socio-economic issues, country […]


How To Read Your Credit Report Using This Code

By November 13, 2020 10:11 am

A credit report is important because it helps you assess whether you are eligible to apply for a credit card, personal loan or mortgage. Read this article to find out how you can read and check your credit report for free! Getting rejected for a credit card or loan isn’t a personal slight against you, […]