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Articles by Harper Banks

Can your TV licence payments impact your credit score?

Can your TV licence payments impact your credit score?

14 July 2021

Everyone who owns a television in South Africa is liable to pay for a TV licence. But what happens if you don’t pay it? We have a look at how the license works, and how failure to pay it can impact your credit score.

At what age should you become a home owner?

At what age should you become a home owner?

13 July 2021

As you move from one life phase to another, you may have wondered when is the right time to invest in a home, rather than continuing to rent. We have a look at the average age of first-time home buyers in South Africa.

Do credit cards encourage excessive spending?

Do credit cards encourage excessive spending?

12 July 2021

A recent study by MIT Sloan investigated whether credit cards motivate consumers to “step on the gas” when it comes to spending. We consider the impact credit cards have on spending.

How to have a judgment removed from your credit report

How to have a judgment removed from your credit report

7 July 2021

If a judgment is issued against your name, you will soon notice its impact on your credit score. We have a look at what a judgment is, and we consider the steps you should take to have this officially removed from your credit report.

Does your business need a business bank account?

Does your business need a business bank account?

6 July 2021

If you’re just kicking off your new business, the line between your personal funds and business finances may be a little blurred. At what point should you get a business bank account?

Do you need an ombudsman or an industry regulator?

Do you need an ombudsman or an industry regulator?

5 July 2021

If you feel as though your creditor or insurance company is taking advantage of you, you may be wondering where you can get help and whether there are organisations to protect you.

How to get the cheapest car insurance deal

How to get the cheapest car insurance deal

1 July 2021

Car insurance can add up to a hefty sum which eats into your income. It’s always best, however, to have insurance in place, and there are ways to minimise this cost.

When will a judgment reflect on your credit report?

When will a judgment reflect on your credit report?

28 June 2021

You may know that failing to settle your debt on time can result in a judgement, creating havoc with your credit score. But how long will it take to reflect?

How to avoid being double taxed

How to avoid being double taxed

27 June 2021

If you start earning an income abroad, you may be surprised to learn that the South African Revenue Service (SARS) still expects you to pay taxes to them – even though you’re also paying taxes abroad.

Is it worth increasing debit order payments?

Is it worth increasing debit order payments?

23 June 2021

If you pay your creditors by debit order, the default will be set to the minimum amount that you have due each month. However, what if you wanted to pay more?

How to reduce the cost of receiving international payments

How to reduce the cost of receiving international payments

22 June 2021

When you receive money from abroad, you may be aware of the hefty fee attached to this kind of transaction. You may also wonder why you should be liable for this fee.

How financial coaches are different from financial advisers

How financial coaches are different from financial advisers

21 June 2021

The majority of people can benefit from financial advice. But, if you decide to get help, should you reach out to a financial adviser or a financial coach?

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