Results 1 to 4 of 4

Thread: Bad payment history, applying for credit

  1. #1
    New Member
    Join Date
    Feb 2015
    Location
    jhb
    Posts
    3
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Bad payment history, applying for credit

    Hi guys, my payment history is very bad but I am nearly done paying off all my debt. If my credit report shows I owe R0.00 will my history deny me credit.. I want to build up my report and credit profile. My score currently is only 642 on my transunion report

  2. #2
    Diamond Member HR Solutions's Avatar
    Join Date
    Mar 2013
    Location
    Capetown/Jhb
    Posts
    3,329
    Thanks
    113
    Thanked 214 Times in 202 Posts
    Just a question, but you have a very bad history of paying debt ....... now you want to create more debt to build up you credit profile !! Why don't you just chill for a year or so and let things subside, clear your ITC bad name, learn to manage your affairs etc, then apply for more credit ??
    HR Solutions - Recruitment Specialists - Johannesburg & Capetown Tel: 0861-045-263
    Upload your CV @ www.2hrs.co.za

    Biometric Fingerprint Criminal Checks (AFIS)

  3. #3
    New Member
    Join Date
    Feb 2015
    Location
    jhb
    Posts
    3
    Thanks
    0
    Thanked 0 Times in 0 Posts
    My history is from years ago and I have learnt to manage money. It's only recently that Im paying most of my debt off.

  4. #4
    Diamond Member HR Solutions's Avatar
    Join Date
    Mar 2013
    Location
    Capetown/Jhb
    Posts
    3,329
    Thanks
    113
    Thanked 214 Times in 202 Posts
    Quote Originally Posted by carnagelan View Post
    My history is from years ago and I have learnt to manage money. It's only recently that Im paying most of my debt off.
    I would still suggest you pay it off and then lay low for a year. The simple fact that your debt was years ago and you are only paying it off now shows that you have only realised that you need to have a good credit rating and perhaps want to buy something bigger (Am I right?)
    HR Solutions - Recruitment Specialists - Johannesburg & Capetown Tel: 0861-045-263
    Upload your CV @ www.2hrs.co.za

    Biometric Fingerprint Criminal Checks (AFIS)

Similar Threads

  1. Applying for a liquor license gauteng
    By Taxempt in forum General Business Forum
    Replies: 26
    Last Post: 03-Sep-17, 01:59 AM
  2. [Question] Pastel - applying credit to invoice.
    By Xplosiv in forum Accounting Forum
    Replies: 6
    Last Post: 18-Dec-13, 05:47 PM
  3. Replies: 0
    Last Post: 19-Jun-13, 12:06 PM
  4. Reduction in minimum payment on credit cards
    By Dave A in forum Business Finance Forum
    Replies: 7
    Last Post: 22-Nov-11, 03:25 PM
  5. Replies: 13
    Last Post: 19-Feb-11, 10:08 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •