Cape Town Commercial Consultants

Credit scoring and how it works? In short, your credit score is based on your financial behaviour towards your creditors and these include things such as: 1. Have you paid your creditors back in time and in full? Balance owing on all your credit accounts, what type of accounts and how they have been handled are taken into account when scoring. 2. For how many years have you been a borrower? If you have a longer credit history it tends to positively impact on your score. 3. How much of your available income is allocated to paying your debt to creditors? 4. Retail stores and banks’ default listings will remain on a credit profile for two years and any judgment against someone will remain on their profile for five years. 5. A score of 660 or higher is considered to be a very good score. 6. Consumers with credit scores in this bracket have a higher chance of gaining finance. 7. Consumers with scores below 620 will find it more difficult to get credit as they will ...

1. Be conscious and aware of your energy usage. Instead use gas heaters rather than oil or electric heaters. 2. Install a solar geyser or heat pump for long-term benefits. 3. Look at your window dressings like curtains and/or blinds to maximise internal insulation. 4. Install insulation on the roof where applicable. 5. Landscape home gardens according to the orientation of the building and existing window schedules. Plant evergreen or deciduous according to winter and summer months to create shade in areas where there are big windows that receive full sun in summer and in the winter months the leaves fall to allow the sunshine in; this will give you natural heating and cooling of the building. 6. Fit carpeting where there are tiles or use a rug to create warmth in cold areas. Recycle organic waste and use it in the garden instead of using fertilisers. These can be stored in summer to keep the temperature down. 7. Recycle waste. Recycleable waste that goes in...

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