Credit history

Loan applications

Most lenders use some form of credit checking to assess your application for a loan, so ensure you do everything you can to protect your credit rating. If you are having problems getting credit, it’s worth visiting a credit bureau to find out more about your credit rating and how you can improve it. The two top agencies in South Africa are TransUnion and Experian.

Manage your finances

If you love money management and get a kick from staying on top of your finances, or if you are a novice in personal finance and want to learn the ropes, try drawing up a budget for yourself, and see if you’re able to stick to it. You might even find you’re able to start saving up for something special. However, if you feel overwhelmed by the stress of debt, Wonga also offers direction to those seeking debt help.