Economy

Credit Report Record

Credit Score

Anybody who is financially knowledgeable has heard of a credit score and understands that it’s better to have a higher credit score as opposed to a lower credit score. not only banks will look at your credit score but employers, landlords, and others may look at your credit score before they might lend you money …

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Inflation

Inflation, what is it ?

Inflation, a term thrown around by many people. Almost everyday the word inflation is in the news. It affects loan repayments. It is used during wage negotiations. It is measured and published. But what is inflation? How does it affect you? Inflation Explained The term inflation is a general description of the decreasing value of …

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Repo Rate South Africa

Repo rate unchanged at 2013/05/23

On 2013/05/23 the South African Reserve Bank governor Gill Marcus has announced that the monetary policy committee has decided to keep its repo rate unchanged at 5.0%. The REPO rate has remained unchanged since 2012/07/19. Gill Marcus cited concerns about a lower rand exchange rate and weak economic growth.

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