improve your credit score
ABOUT US
Consumer Fundi is an Alternative Dispute Resolution Agent, registered with the National Credit Regulator, registration number NCRADRA12. Consumer Fundi also has a team of registered debt counsellors on its panel, as well as professional and experienced case managers for all credit profile dispute services.
Join us on this journey, and let’s make informed choices together!
DESCRIPTION OF
SERVICES
We understand the consumers plight and offer a suite of services ranging from undertaking a thorough credit profile assessment, identifying and addressing discrepancies on the credit profile, improving your credit score, debt mediation, early detection of identity fraud, credit bureau account management and resolution, removal of prescribed accounts, expert determination of debt review removal and providing financial assistance in the form of loan consolidation services.
The removal of inaccurate or outdated information on the credit profile is done in accordance with maximum time period such items reflect on the profile.
CONSUMERS
Benefits of having a high credit score
- Helps you negotiate better interest rates.
- Lenders are more likely to approve loan applications, including home loans, vehicle finance and personal loans.
- Credit providers offer higher credit limits.
- You may receive more favourable terms such as repayment periods or lower fees.
- Increased access to credit facilities such as credit cards or even retail / cell phone contracts.
- Easier approval for rental agreements.
- More options and great negotiation power relating to financial decisions.
Disadvantages of a low credit score
- Higher risk of getting declined for any form of credit.
- Higher interest rates, leading to higher overall costs.
- Difficulty in obtaining credit
- Lower credit limits.
- Less favourable repayment terms, shorter periods or higher instalments.
- Limited access to credit products and services.
- Higher insurance rates.
- Challenges when looking for rental property.
- Lost opportunity in the pursuit of new job prospects.
- Increased financial stress.
EMPLOYERS – SAFEGUARDING EMPLOYEE WELLBEING AND INCREASED PRODUCTIVITY
Challenges of Employee financial distress and the impact it has on the Employer
- Decreased productivity and poor work quality – potential financial loss
- Increased absenteeism – negative impact on the team- work
- Low moral and motivation – decreased job satisfaction and lower levels of engagement
- High staff turnover rates – loss of knowledge retention and IP, increased workload on remaining staff
- Health issues – stress, depression, absenteeism, increased medical costs
- Negative impact on team performance – strained team relationships, lack of collaboration
Get In Touch
Weʼre here to help! Reach out today for personalized support and guidance.