How To DRASTICALLY Improve Your Credit Score In South Africa

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  • čas přidán 6. 09. 2024

Komentáře • 45

  • @minolah7
    @minolah7 Před rokem +7

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

  • @StephGrobler1
    @StephGrobler1 Před 2 lety +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  Před 2 lety +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

  • @YuutoReo
    @YuutoReo Před 2 lety +6

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

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +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 Před 5 měsíci +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.

  • @mahudumashabela786
    @mahudumashabela786 Před 2 lety +4

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

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +1

      Congratz Mahudu! Keep it up! :)

  • @SidneyKoen
    @SidneyKoen Před 2 lety +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.

  • @TM-jx4kb
    @TM-jx4kb Před 2 lety +3

    Wow, what an informative video. Thank you Pieter!

  • @michellemathumbu1599
    @michellemathumbu1599 Před rokem +3

    Informative. Thanks 🙏

    • @MoneyMarx
      @MoneyMarx  Před rokem +1

      You are most welcome Michelle :)

  • @patrick6006
    @patrick6006 Před 2 lety +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  Před 2 lety +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. :)

  • @moreblessingnkome1297
    @moreblessingnkome1297 Před 2 lety +1

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

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +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

  • @Accummen_ENT
    @Accummen_ENT Před rokem +2

    For the Algo Well done 🤙🏾

  • @dewanmuller7549
    @dewanmuller7549 Před 2 lety +2

    Loved this informative video!!!👌🏼🚀

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +1

      Dankie Dewan! Ek waardeer :)

  • @lmeyer46ish
    @lmeyer46ish Před 2 lety +2

    Dankie Pieter 🤜🏽

  • @imdee9024
    @imdee9024 Před 2 lety +2

    This was great information, Dr Marx. Thank you.

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +2

      Only a pleasure Delia. Thanks for watching :)

  • @davidventer3133
    @davidventer3133 Před 2 lety +2

    Pieter your a G. Thank you

  • @patrick6006
    @patrick6006 Před 2 lety +2

    Thanks for the great video once again Pieter

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +2

      My pleasure Patrick. Thanks for watching! :)

  • @Isaacmukadi000
    @Isaacmukadi000 Před 2 lety +2

    Great video, very helpful

    • @MoneyMarx
      @MoneyMarx  Před 2 lety +1

      Thanks for watchin Lumwanga! :)

  • @blextherapper
    @blextherapper Před rokem +1

    Helpful 🤙🏿❤

  • @Whoisinvestment
    @Whoisinvestment Před 2 lety +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  Před 2 lety +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.

  • @janetmcdonough9998
    @janetmcdonough9998 Před 2 lety +1

    thank you

  • @garryrock7039
    @garryrock7039 Před rokem

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

  • @1Sbuys
    @1Sbuys Před 21 dnem

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

  • @johanmuller7167
    @johanmuller7167 Před rokem +1

    Hi Pieter.
    Will payflex increase my credit score?

    • @MoneyMarx
      @MoneyMarx  Před rokem +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

  • @Whoisinvestment
    @Whoisinvestment Před 2 lety +1

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

  • @tyronemartin9933
    @tyronemartin9933 Před 4 měsíci

    Yndo you talk like a robot speak normal