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Articles by Harper Banks

The difference between a credit score and a FICO score

The difference between a credit score and a FICO score

18 August 2021

When looking up information about your credit score, you may have come across something called a “FICO score” and wondered what it was.

Is your credit score valid in other African countries?

Is your credit score valid in other African countries?

17 August 2021

A good credit score allows you to access credit when you need it the most. However, will your credit score still help you land a loan if you move to a neighbouring country?

“Wrap fund” unit trusts – what are they about?

“Wrap fund” unit trusts – what are they about?

16 August 2021

You may be surprised to find out that a wrap fund isn’t a fund at all. It’s often mentioned alongside unit trusts and investment managers might refer to it when discussing your portfolio.

Are personal loans tax-deductible?

Are personal loans tax-deductible?

15 August 2021

If you belong to a medical aid scheme or you have a retirement fund, you can claim back a portion of your contributions from your annual taxes because these products are tax deductible.

The insurance implications of having a dashcam in your car

The insurance implications of having a dashcam in your car

11 August 2021

Your insurance premiums are impacted by numerous factors. Having a dashboard camera installed in your car may well be among them.

The 4 main asset classes in South Africa

The 4 main asset classes in South Africa

10 August 2021

Investment terms are often thrown around without any explanation as to what they actually mean.  The term “asset classes” is a case in point.

How to protect the generational wealth of your family business

How to protect the generational wealth of your family business

5 August 2021

When you start your own business, you may not always consider how your actions will impact future generations. But there are ways to ensure your organisation creates – and sustains – long-term wealth that will benefit your grandchildren.

What kind of investor are you?

What kind of investor are you?

4 August 2021

Everyone has a unique investment style. However, certain characteristics can be grouped together to form “investor personalities”.

Can companies request your payslips in the hiring process?

Can companies request your payslips in the hiring process?

3 August 2021

When you apply for a new job, part of the hiring process often involves submitting a current or previous payslip to prove both your salary amount and employment.

Interest-free days and interest amounts – what are the limits?

Interest-free days and interest amounts – what are the limits?

2 August 2021

When you open a credit card account with your bank, you will receive certain benefits based, in part, on your credit profile. The number of interest free days and the interest rate are among the credit conditions that will apply.

How do insurance brokers work?

How do insurance brokers work?

1 August 2021

If you have an insurance product, you may have worked with an insurance broker. They generally step in and help you make sense of insurance products. But what else should you know about them?

How to get out of a financial emergency

How to get out of a financial emergency

22 July 2021

We all hope to have consistent, surprise-free finances. But sometimes we need to deal with unexpected events. We consider ways you can prepare for emergencies, and we look at three steps you can take to secure your finances when an emergency hits.  

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