Understanding Credit Scores, Reports & Debt Help
Your credit score can affect everything — from getting a loan to signing a cellphone contract in South Africa. If you're dealing with debt or working to rebuild your finances, you need to review your credit report to spot errors and track your progress, as well as understand what lenders see. At FindBetter, we work to streamline your finances by helping you restructure debt payments, secure a loan, or access a free credit score check in South Africa. Keep reading to explore more about credit scores and the ways they can influence your financial future. Credit score A credit score is a summary of your credit activity over the past two to three years. Lenders use it to decide if you qualify for credit and what interest rate to offer. It’s based on your past spending habits and how reliably you’ve paid back the money you borrowed, giving insight into how likely you are to repay future loans. A credit score between 650 and 669 is considered good in S...