How To DRASTICALLY Improve Your Credit Score In South Africa

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  • Опубліковано 29 вер 2024

КОМЕНТАРІ • 45

  • @Theezaminolah
    @Theezaminolah Рік тому +7

    Why does Piet use USD examples when we all know he stays in Krugersdorp?😭

  • @johanmuller7167
    @johanmuller7167 2 роки тому +1

    Hi Pieter.
    Will payflex increase my credit score?

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      Hey Johan. I am not sure. I suppose as long as you don't pay any interest then it should help, but best would be to ask one of the credit bureaus directly via email

  • @YuutoReo
    @YuutoReo 2 роки тому +6

    Great Advice Pieter! Really hope people take this to heart.

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      Thanks Yuuto! Jah this is a really important concept to learn, and the earlier you start to work on your credit score, the better! :)

  • @EtherealCosmos-tt2xp
    @EtherealCosmos-tt2xp 6 місяців тому +1

    Hi,please make a video on what is a credit card and types of credit cards how they work in south africa specifically
    The advantages and disadvantages.

  • @StephGrobler1
    @StephGrobler1 2 роки тому +7

    Make all your purchases on your credit card, wait for it to show in the negative on your banking app, and pay it all back instantly.
    This works if you only spend money you already have.

    • @MoneyMarx
      @MoneyMarx  2 роки тому +6

      Yup exactly Stefan! Treat your credit card like a debit card and only make purchases that you would otherwise be able to buy with cash

  • @1Sbuys
    @1Sbuys Місяць тому

    Hi i hope you reply as i need help my credit score is -1

  • @mahudumashabela786
    @mahudumashabela786 2 роки тому +4

    Bravo have worked on my am happy to say its improving day by day

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      Congratz Mahudu! Keep it up! :)

  • @tyronemartin9933
    @tyronemartin9933 5 місяців тому

    Yndo you talk like a robot speak normal

  • @SidneyKoen
    @SidneyKoen 2 роки тому +2

    Very useful information, thanks Pieter. My credit is all paid up but am worried if I don't use it they'll close my credit account.

  • @patrick6006
    @patrick6006 2 роки тому +3

    Yes Pieter. Het nou net weer die video gekyk en daai video van hoe om te begin n credit score bou kan nie vinnig genoeg kom nie😂 Eks nog jonk so wanneer jy daai video maak kan jy net ook bietjie bespreuk aan hoe mens kan begin bou sonder dat jy n stabiele inkomste ontvang en of mens ooit kan begin sonder n stabiele inkomste want ek weet nie regtig baie van hierdie goed nie. Soos ek se is ek nog jonk so ek dink hierdie is die perfekte tyd om te begin maar ek weet net nie hoe nie. Ek het baie vrae maar ja ek weet tyd en intelektualiteit is geld so ek wil eerder nie vra nie. Maar ja dankie weereens vir die video Pieter

    • @MoneyMarx
      @MoneyMarx  2 роки тому +2

      Hey Patrick. Jy is in die perfekte posisie om te begin bou aan 'n credit score. Hoe vroer mens begin hoe beter! Ek sal binnekort 'n video uitbring oor hoe om te begin bou aan 'n credit score as mens nog min verdien, maar ek dink 'n goeie plek om te begin is 'n store credit card by 'n klere winkel soos Truworths. Koop iets klein soos kouse of onties elke maand en betaal dit net dadelik af. Dit sal solank hjou credit begin bou totdat jy 'n bankkrediet kaart kan uitneem. :)

  • @michellemathumbu1599
    @michellemathumbu1599 Рік тому +3

    Informative. Thanks 🙏

    • @MoneyMarx
      @MoneyMarx  Рік тому +1

      You are most welcome Michelle :)

  • @TM-jx4kb
    @TM-jx4kb 2 роки тому +3

    Wow, what an informative video. Thank you Pieter!

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      You're most welcome TM! :)

  • @lmeyer46ish
    @lmeyer46ish 2 роки тому +2

    Dankie Pieter 🤜🏽

  • @imdee9024
    @imdee9024 2 роки тому +2

    This was great information, Dr Marx. Thank you.

    • @MoneyMarx
      @MoneyMarx  2 роки тому +2

      Only a pleasure Delia. Thanks for watching :)

  • @blextherapper
    @blextherapper Рік тому +1

    Helpful 🤙🏿❤

  • @Whoisinvestment
    @Whoisinvestment 2 роки тому +1

    If I open a credit account with absa and should I also open a savings account there so it’s easier to track or can I just open one with my bank (standard bank)

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      It really depends. Having two accounts at two different banks may mean that you will pay extra banking fees. But if you get a better deal at the other bank it may make sense to split between the two.

  • @patrick6006
    @patrick6006 2 роки тому +2

    Thanks for the great video once again Pieter

    • @MoneyMarx
      @MoneyMarx  2 роки тому +2

      My pleasure Patrick. Thanks for watching! :)

  • @dewanmuller7549
    @dewanmuller7549 2 роки тому +2

    Loved this informative video!!!👌🏼🚀

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      Dankie Dewan! Ek waardeer :)

  • @Accummen_ENT
    @Accummen_ENT Рік тому +2

    For the Algo Well done 🤙🏾

  • @davidventer3133
    @davidventer3133 2 роки тому +2

    Pieter your a G. Thank you

  • @Isaacmukadi000
    @Isaacmukadi000 2 роки тому +2

    Great video, very helpful

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      Thanks for watchin Lumwanga! :)

  • @moreblessingnkome1297
    @moreblessingnkome1297 2 роки тому +1

    Why aren't these things taught in schools? Thanx bro great info

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      You're welcome Nkome! Jah unfortunately school does not do a good job in preparing us for the actual important things in life. If we want to be better informed we need to find ways to educate ourselves

  • @garryrock7039
    @garryrock7039 Рік тому

    Hi Pieter, is a business fleet card/business petrol card considered as good credit to build up a business credit score?

  • @Whoisinvestment
    @Whoisinvestment 2 роки тому +1

    Do I need a tax number to get a good credit score?

    • @MoneyMarx
      @MoneyMarx  2 роки тому +1

      No not that I am aware of

  • @janetmcdonough9998
    @janetmcdonough9998 2 роки тому +1

    thank you