Ayanda Ndimande, strategic business development manager for retail credit at Sanlam, says smart credit habits can save you a significant sum of money over time and support your financial health.
"Credit is a natural and necessary part of our financial lives. The trick is to get smart about it and to take control to ensure credit serves our interests and our future, not the other way around. Now's the time to build your credit confidence."
She suggests five strategies to guide you to smarter credit habits:
Understand your credit report
Your credit report is the foundation of your credit score and can influence your ability to secure loans, mortgages and even rental agreements, Ndimande says.
"By law, South Africans are entitled to one free credit report each year. Take time to review it thoroughly and look out for inaccuracies. If you find any discrepancies, dispute them promptly. Understanding the specifics of your credit report empowers you to address issues that could negatively affect your score."
Diese Geschichte stammt aus der October 28, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 28, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Carlo, Pep head to lion's den
Look out for cash-boosted TAB soccer pools galore and several explosive matches this weekend, but before that there's great football on the menu and plenty of cash to be won on TAB soccer bets, including an enthralling clash between Liverpool and Spanish champions Real Madrid tonight.
Irwin on Team Valor's SA interests
USA-based Team Valor has had a close relationship with South African racing for many years now and recently bought four fillies who have run with much success in South Africa.
Roberts set for week of distinction
Trainer Michael Roberts is in the throes of a big week as five-year-old See It Again is aimed at the R6-million Betway Summer Cup at Turffontein on Saturday.
Golden Rise to shine at Happy Valley
Hong Kong racing continues at Happy Valley today with an exciting nine-race fixture and highly competitive action expected throughout the evening.
Cody set to storm home
CLASS: PETER-TRAINED RUNNER HAS BEEN RACING IN STRONGER COMPANY
Gateway to Omoda badge more affordable with C5 Street model
Having dropped the price tag of the C5 to below R400 000 with the introduction of the Style grade in June, Omoda has gone a step further by debuting another derivative priced even lower at R329 900.
Picanto has come a long way
NEWVOLD: MORE POWER AND UPGRADED TECH MAKE KIA'S POPULAR HATCH MORE DESIRABLE
Renault reveals 2025 models
Plans to reclaim its standing within the top five vehicle brands.
Mitsubishi's new Triton lands
CHALLENGE: 11-STRONG MODEL RANGE THROWS DOWN THE GAUNTLET TO MARKET STALWARTS
Top down simply the best
CLE CABRIOLET: LIVE THE FANTASY WITHOUT SUNBURN OR YOUR HAIR GETTING RUINED