
How your credit score is calculated
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GUEST - Kabelo Teme – Spokesperson for the Office of the Credit Ombud
Your credit score is an indication of how well you have managed your credit in the past. The higher your score, the more responsible you have been with credit in the past, and the greater your chance of getting additional credit at the best possible rates. The Credit Ombud challenges consumers in 2024 to make resolutions to acquire financial knowledge to become financially literate.
Your credit score is an indication of how well you have managed your credit in the past. The higher your score, the more responsible you have been with credit in the past, and the greater your chance of getting additional credit at the best possible rates. The Credit Ombud challenges consumers in 2024 to make resolutions to acquire financial knowledge to become financially literate.

