Why should you manage your finances?
Yes, to get a better credit score but why do you need a great credit score.
If you want to borrow in future your chances of getting a home loan or motor finance or that elusive cell phone contract will be better.
If you still succeed in getting credit – The better your credit score, the lower the interest rate you are charged.
You could also limit your chances of getting your dream job especially in the financial sector or where your trustworthiness is important.
Can I dispute my credit score?
- Yes within 3 months of review
- Submit proof of payments to the company or to its lawyers or debt collectors
- Submit it to the Credit Bureau that listed you as well
- If you are still not satisfied, you can go to the Credit Information Ombudsman.
