Alternative credit scores: A new way to measure creditworthiness
Traditional credit scores rely heavily on credit bureaus and financial histories. But alternative credit scores are changing the game
Budgeting your way to financial security
Awareness of where your money flows each month forms the foundation to a well-crafted budget. Knowing which recurring living expenses and loan payments are essential, each month can help you prioritise your day to night activities. Freelancers especially need to ensure they cover their basic needs to keep out of the red when their cash flow varies.
6 ways to avoid a holiday debt hangover
Here are a few tips on how to make it through the season of spending without incurring a load of holiday debt.
8 tips to manage your debt better, today
No matter what type of debt you’re in — whether it is credit card debt, student loan debt, vehicle finance, or something else, it is important to know how to manage it effectively.
The 8 money personality types
We all have our own way of gaining, losing, spending, and saving. These habits form around a variety of factors and experiences. Finding out your money personality can teach you more about yourself, and the best way for you to look after your money. Each of us has our own money personality type, do you know what yours is?
Know your rights: how the national credit act protects you
Getting caught in a debt trap is no joke. Taking on more debt to pay your outstanding loans can quickly spin out of control.
How is your credit score calculated?
Your credit scores are determined by credit scoring models that analyze one of your consumer credit reports and then assign a score (often ranging from 300 to 100 using complex calculations.
10 ways to protect your identity during the festive season
As you hop from store to store, you’re probably watching your accounts to make sure your purchases are still within budget. But there’s more to keep an eye on … like protecting your identity.
7 tips to protect your identity this Black Friday
1. Only trust secure sites Ensure that the retail site is secure and trustworthy. Look out for a small padlock symbol in the address bar in a web address beginning with https://. Secure site addresses start with “https” instead of “http’’. While this is no guarantee that your personal information won’t be stolen, it’s a […]
4 common credit myths that people still believe today
While establishing a good credit score is a vital piece of your financial picture, there are many common misconceptions about what affects it. Telling fact from myth, though, is crucial, as consumers strive to do what they can to improve their credit score.
Here is the truth behind 4 common credit score myths that people still believe today.