Financial monsters: As a Financial Advisor, I can sense the palpable fear and desperation when some people come to see me for the first time. It takes courage to come and, like the dentist, I am avoided until the pain of debt and fear of financial ruin become too much.
Category: Lending/Loans
The power of two – On credit scores and being twins
How is your credit rating determined? Your Credit Bureau score is calculated using a formula that evaluates how well or how badly you pay your bills, how much debt you carry and how all of that stacks up against other borrowers. The lower your scores, the less you stand a chance of obtaining a loan or other financing.
When you need a new car
If you drive a car in South Africa, you will understand the hassle of replacing it. Once you have decided on a make and model, the paperwork begins. Some dealerships will try and rip you off, by adding extra administrative costs to the transaction.
Lending criteria for the self-employed
As a somewhat public figure, I find myself fielding questions of a financial nature at the most random times.