Debtfree Magazine Jan 2019
SA's Free Debt Counselling & Debt Review Magazine - the Jan 2019 issue. Why your 2019 is going to better than your friends 2019...and more
SA's Free Debt Counselling & Debt Review Magazine - the Jan 2019 issue. Why your 2019 is going to better than your friends 2019...and more
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MYTH BUSTING YOUR CREDIT REPORT<br />
For example, the online Ubank Calculator shows that you could borrow<br />
R1000 and pay it back over 10 months at around R204.79/ month.<br />
Your credit score will then help them decide what interest rate to offer you<br />
(but most of the time most credit providers simply make you pay the highest<br />
possible interest rate the government allows regardless).<br />
If you go to credit provider and they turn you down for credit, it is likely<br />
because you cannot actually afford more credit and should rather look to<br />
go into debt review to get rid of your debts, as opposed to accumulating<br />
more debt.<br />
THIS MYTH IS<br />
BUSTED!
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