Shampoo1014
Legendary Member
- Joined
- Mar 14, 2017
- Messages
- 1,300
- Reaction score
- 334
- Points
- 4,635
- Age
- 27
- Location
- Randburg, Johannesburg
Hey everyone,
So I am in a weird predicament where I am sure others have found themselves in the past.
I am needing/wanting to get my credit score up as I recently (April) landed another job and my income has been substantially more, which has allowed me to finally look at things like my credit score.
I have previously not done ANYTHING on credit and according to Clearscore, my credit is -1 (Due to a credit check??)
Anyways, I did not study and take a student loan so essentially, I am a fresh young person looking to work towards a good credit score.
The problem is... Nobody wants to give me credit.
I have tried:
- Mobicred (Declined due to credit and blocked from applying for 2 years. Apparently this is normal???)
- Payflex (Declined due to credit)
- FNB Credit Card (Declined on app. Applied in person & was told it was going for manual review. Never heard back)
- Capitec Credit/Loan/Revolving (Declined due to credit)
- RCS Credit Card (Declined due to credit)
- FNB Connect - R120pm contract for SM Watch 4 (Declined due to credit)
- MR Price store card (Declined due to credit)
- Trueworths store card (Declined due to credit)
The two things I have been successful in:
- Opened a new FNB account and was given a R1000 overdraft.
- Woolworths approved me for a store card with R3000 limit.
The thing with these is that I really don't know how the overdraft works and their chat is useless. Would my account go into the negative if I use the overdraft, then I have to pay it back? Or does the R1000 get added to my balance?
Secondly, I don't know how "fast" these two things would generate good credit. Honestly I would prefer a contract of some kind so that I don't have to be continually buying shit. I don't spend a lot of money on clothes and whatnot from Woolies for example.
So honestly I am just looking for some input. Some "dad-like" input, if you will.
I have heard that debit orders go towards your credit score but I have had a debit order go off for medical for the last 3 years and it doesn't seem to have made a difference.
Thanks all, look forward to hearing your suggestions!
So I am in a weird predicament where I am sure others have found themselves in the past.
I am needing/wanting to get my credit score up as I recently (April) landed another job and my income has been substantially more, which has allowed me to finally look at things like my credit score.
I have previously not done ANYTHING on credit and according to Clearscore, my credit is -1 (Due to a credit check??)
Anyways, I did not study and take a student loan so essentially, I am a fresh young person looking to work towards a good credit score.
The problem is... Nobody wants to give me credit.
I have tried:
- Mobicred (Declined due to credit and blocked from applying for 2 years. Apparently this is normal???)
- Payflex (Declined due to credit)
- FNB Credit Card (Declined on app. Applied in person & was told it was going for manual review. Never heard back)
- Capitec Credit/Loan/Revolving (Declined due to credit)
- RCS Credit Card (Declined due to credit)
- FNB Connect - R120pm contract for SM Watch 4 (Declined due to credit)
- MR Price store card (Declined due to credit)
- Trueworths store card (Declined due to credit)
The two things I have been successful in:
- Opened a new FNB account and was given a R1000 overdraft.
- Woolworths approved me for a store card with R3000 limit.
The thing with these is that I really don't know how the overdraft works and their chat is useless. Would my account go into the negative if I use the overdraft, then I have to pay it back? Or does the R1000 get added to my balance?
Secondly, I don't know how "fast" these two things would generate good credit. Honestly I would prefer a contract of some kind so that I don't have to be continually buying shit. I don't spend a lot of money on clothes and whatnot from Woolies for example.
So honestly I am just looking for some input. Some "dad-like" input, if you will.
I have heard that debit orders go towards your credit score but I have had a debit order go off for medical for the last 3 years and it doesn't seem to have made a difference.
Thanks all, look forward to hearing your suggestions!