credit score
Don’t fall into the trap of assuming that the Consumer Protection Act affords you blanket protection when it comes to buying property. In reality, this piece of legislation only comes into play if the seller regularly sells property or markets
Without access to private healthcare, you’ll likely have to rely on State facilities for your care and treatment – and while there are some excellent government facilities out there, the reality is that they’re overburdened and understaffed, and accessing treatment
Although it is important to shop around for the most favourable financing package, all banks take the same factors into account, with their finance products being fairly similar. In many instances, it boils down to which financing institution is easier
When purchasing using your ‘straight’ facility, these purchases will be included when calculating the repayment owing at the end of the grace period. When purchasing on your ‘budget’ facility, you can select a period over which to repay the loan,
Income protection is a form of long-term insurance which is designed to replace your income if an illness or disability renders you unable to earn your income either temporarily or permanently. While many consider this type of cover to be
In the absence of an emergency fund, you may be forced to access debt in order to pay for the unforeseeable expense you are faced with, keeping in mind that short-term debt is normally expensive. Ensure that you always have
Simply put, your credit score is a measure of your ability to pay your bills and manage your debt. The higher your score, the less risk you pose to the lender. Looking after your credit score throughout your life is
Having too many credit cards can also affect your credit score, and managing multiple credit facilities can be challenging, so ideally centralise your borrowing through a single credit card facility. Keeping track of the payment cycles of numerous credit cards
If you fail to make your credit card repayments, the bank will report you to the credit bureaus and this, in turn, will affect your credit score. Remember, your payment history accounts for 35% of your overall credit score, which
