What a credit analyst does is mainly related to gathering and analysing financial data about clients. These professionals are tasked with evaluating the data and recommending a course of action. A credit…
Your credit score gives lenders assurance that you will be able to pay back their money. It also determines the interest rates which you will be charged on the loan that…
Different factors are considered when trying to understand the credit behavior of consumers in South Africa. Social needs, traditions, lifestyle and age can factor into the behavior of consumers. Social…
When you apply for credit a lender agrees to loan you an amount of money and you repay the loan over a period of time, with interest and other fees. …
Ratios can be used to determine how creditworthy an institution is. Utilising this form of assessment is a good way of determining where a banking institution stands financially. This can go a long way towards preventing…
It’s essential to have clarity in terms of the 5Cs of credit prior to applying for credit. Lenders want to avoid risks, which is why credit analysis is pivotal. The 5Cs of credit are highly useful which assesses…
Making the entrepreneurship process easier is the benefit of having access to funding. If this doesn’t happen, entrepreneurs shouldn’t give up, because there are ways to work through this. While there are a lot of myths about starting a…
What does buying on credit mean to you? To purchase something with the promise that you will pay in the future. When buying something on credit, you acquire the item…
Credit Talk – How much credit is enough? A highly important part of financial freedom, something every citizen should be familiar with, we look at what is a good credit…