Credit Score
Your credit score is more than just a number; it’s your financial passport. With threesixty.me, you get a 360-degree view of your financial well-being and situation. Plus, you get the guidance you need to help you along your way to stay focused on your journey and to also improve those crucial aspects that need some work.
Why a Credit Score Matters
Elevate your financial journey.
Secure better interest rates.
Realise your financial goals and dreams.
Expand your borrowing possibilities.
How It Works:
One-Click Insight
Comprehensive Analysis
Personalised Guidance
Frequently Asked Questions
What is a Credit Report?
Your credit report is a detailed record of your credit history and payment behaviour. The threesixty.me platform (in partnership with one of our South African registered credit bureaus, VeriCred Credit Bureau, also known as VCCB) provides your credit record for FREE.
Your credit report includes vital personal information, like your name, address, employer, and ID number – details typically provided on credit applications. Your credit history, such as account activity and payment habits, is also recorded, showing whether you pay your accounts timely each month.
Importantly, a credit report does not contain sensitive data like your medical history or race, religious beliefs, and political affiliations. Beyond tracking your credit behaviour or reputation (making timely payments and account management), it’s a valuable tool to help you with budgeting and to pinpoint any discrepancies or questionable transactions related to identity theft, for example.
Want to download your credit report for FREE?
🡪 Sign up NOW via threesixty.me & keep tabs on your credit-related information.
No hassles, one platform, and credit education at its best.
How To Ensure You Have a Strong Credit Profile?
Ensuring a strong credit profile involves making timely payments, managing credit card balances, avoiding excessive new accounts, reducing debt, maintaining open communication with creditors, practicing good financial habits, regularly reviewing your credit report for errors, and addressing any past issues.
Using the threesixty.me platform for monitoring and accuracy checks can help you stay on track with your credit profile’s strength.
What Does a Credit Bureau Do?
A credit bureau plays a vital role that compiles your credit data from various lenders and credit providers. This data includes your active accounts, outstanding loan balances, and your track record for on-time payments. Additionally, any actions taken against you for non-payment are also recorded.
Lenders and credit providers rely on this information to make informed decisions when you apply for credit. Well-known or primary credit bureaus include VeriCred Credit Bureau (VCCB), TransUnion, Experian, Consumer Profile Bureau (CPB) and Xpert Decision Systems (XDS)Want to know the ins and outs of your credit profile?
🡪 Sign-up for FREE via ThreeSixty.me & keep tabs on your credit-related information. No hassles, one platform and credit education at its best.
The threesixty.me platform is powered by VeriCred Credit Bureau (VCCB – a South African registered credit bureau) & affiliated with CreditSmart Financial Services (registered Financial Services Provider: FSP 52295 & Debt Management Solutions registration: NCRDC3143).
What is a Credit Score?
A credit score is also known as your credit risk rating. Credit scores play a role in the decision-making process of credit providers.
When granting you credit, creditors rely on your credit score to assess your ability to make payments and meet your obligations.
Several factors, such as your income level, payment history, credit background and the type of credit you apply for typically influence your credit score.
The specific scoring range may vary depending on the platform and formula (calculation method) used for determining credit scores. For instance, a score between 901 and 1000 is considered a very low risk (an excellent score indication) while a score of 600 and lower will usually fall within the high-risk (or a poor score) category.
**Knowing your credit status empowers you.
Want to know your credit score? Click here for your FREE threesixty.me report and credit score access
How Can You Improve Your Credit Rating or Score?
To boost your credit score, start by checking your credit report with ThreeSixty.me.
Look for errors and address past issues like any late payments. Pay your installments on time, limit new credit accounts, and maintain older ones for longer credit history.
Lastly, practice positive credit habits like paying off debt and using less of your available credit.
Monitoring your progress through the threesixty.me platform is key to achieving better financial opportunities and reaching your financial goals.
Want to learn more? Click here to sign up for your FREE credit rating & report