Asked by the Customer on 15-05-2015 11:20:59
Question posted in the National Credit Act Law category relating to Gauteng
Question posted in the National Credit Act Law category relating to Gauteng
Hi
Please can you help me i have rehabiliated since 13/11/2012 case no 46266/12 I HAVE A COPY and no one wants to give a credit card they say Credit Score is to low, i must applied for credit first i have applied but be declained all of the time.
How do i increase my Credit Score with out getting any credit.
Please i need help
REGARDS
ERROL KUHN
Please can you help me i have rehabiliated since 13/11/2012 case no 46266/12 I HAVE A COPY and no one wants to give a credit card they say Credit Score is to low, i must applied for credit first i have applied but be declained all of the time.
How do i increase my Credit Score with out getting any credit.
Please i need help
REGARDS
ERROL KUHN
Message from the Attorney
Posted by Att. Patrick on 15-05-2015 22:02:08
Hi there and thank you for your question,
Unfortunately I see questions like yours all the time.
The most important thing is that you are already rehabilitated. This means that you can contract again in your own name, and you can incur debt.
The next step is to re-build your credit record and prove to companies and people that you are able to conduct yourself in a way that is worthy of credit. You must remember that getting credit is not a right, it is a luxury. Not every company is willing to give everyone credit.
You'll need to realise that this will take a number of years to come right.
To increase your credit rating, you will need to obtain credit from somewhere and then use that account for a few months, then get a second account at a bigger store, and then use that for a few months, and then move bigger and bigger.
Once you've opened an account, you will need to actually use that account. Each month. Even if it is just for small purchases. As long as you pay the account each month.
Have you tried stores such as Jet, Markhams, Mr Price, Stuttafords ... before trying Woolworths, etc? Also, make sure that you have these before applying for a credit account, current account, overdraft, etc.
Other than the above, there is nothing that you can do.
If there is a part of the answer which you need more advice on, or clarity please continue in this same thread instead of opening a new question.
Att. Patrick
Please remember this is a dialog if you have follow up questions please use the REPLY button and ask. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered. I hope you found my answer helpful, and you have finished asking your questions, please click on the GREEN ACCEPT button in order to mark the question as closed.
Unfortunately I see questions like yours all the time.
The most important thing is that you are already rehabilitated. This means that you can contract again in your own name, and you can incur debt.
The next step is to re-build your credit record and prove to companies and people that you are able to conduct yourself in a way that is worthy of credit. You must remember that getting credit is not a right, it is a luxury. Not every company is willing to give everyone credit.
You'll need to realise that this will take a number of years to come right.
To increase your credit rating, you will need to obtain credit from somewhere and then use that account for a few months, then get a second account at a bigger store, and then use that for a few months, and then move bigger and bigger.
Once you've opened an account, you will need to actually use that account. Each month. Even if it is just for small purchases. As long as you pay the account each month.
Have you tried stores such as Jet, Markhams, Mr Price, Stuttafords ... before trying Woolworths, etc? Also, make sure that you have these before applying for a credit account, current account, overdraft, etc.
Other than the above, there is nothing that you can do.
If there is a part of the answer which you need more advice on, or clarity please continue in this same thread instead of opening a new question.
Att. Patrick
Please remember this is a dialog if you have follow up questions please use the REPLY button and ask. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered. I hope you found my answer helpful, and you have finished asking your questions, please click on the GREEN ACCEPT button in order to mark the question as closed.
Message from the Customer
I WILL BE COMING BACK TO YOU FOR MORE QUESTIONS AFTER THE WEEKEND, BECAUSE I AM NOT AT HOME TO SEND ALL INFORMATION YOU NEED TO KNOW.
THANK YOU
ERROL KUHN
THANK YOU
ERROL KUHN
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