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From monthly archives: April 2025

We are pleased to present below all posts archived in 'April 2025'. If you still can't find what you are looking for, try using the search box.

When to expect the first repayment after your home loan is approved

Congratulations, your home loan was approved! Now what?

It’s time to start planning to move into your new home, or get a tenant for your investment property, and prepare for your very first home loan repayment. It’s essential to meet the deadline for every repayment on your home loan to ensure your credit score stays in tact and your chances of applying for more credit are not affected.

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How does applying for a home loan affect your credit score?

Most consumers are aware that any lender in South Africa doing a credit check on their personal profile could negatively affect their credit score. While this is true in some circumstances, it’s important for consumers to understand when it applies.

There are certain types of credit checks that affect a customer’s credit score, and some credit checks that will not affect scoring at all.

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