Useful guidance for a better credit decision.

Work from the repayment you can sustain.

An approved amount is not necessarily the amount you should borrow. Begin with a realistic monthly budget that includes recurring commitments and less predictable expenses.

1. List verified net income.Use income that is regular and can be supported by records.
2. Capture essential expenses.Include housing, food, transport, utilities, education, insurance and dependants.
3. Add existing debt.Use current instalments and account for credit-card or overdraft commitments.
4. Protect a buffer.Leave room for emergencies and price increases instead of using every available rand.

Prepare complete and current documents.

Clear information can reduce unnecessary delays and help the assessment team understand your income, commitments and requested loan purpose.

• Identity informationA valid identity document or passport, where accepted.
• Income recordsRecent payslips or relevant evidence for your income type.
• Bank statementsRecent complete statements showing income and monthly commitments.
• Address detailsCurrent residential information and supporting proof when required.