Guiding consumers since 2009

Direct Axis personal loans: keep your record clean

By Staff Writer

Direct Axis personal loans are a great way to get ahead if you need that little bit of extra cash. In order to get a personal loan from Direct Axis you will need a good credit record.

Lenders who provide personal loans, such as banks, financial companies and credit corporations like Direct Axis make use of your credit record to determine whether you should be granted credit. That means, if you want to take out a Dirext Axis personal loan, your credit record will be determined whether this can be granted to you.

A credit record is basically a record of your entire payment history. That means every payment you ever made towards telephone accounts, store cards, other contracts, personal loans and so forth. If you have always paid on time, you will generally get a whole host of benefits when taking out further credit.

 A good credit record could benefit you in having your Direct Axis personal loan extended if the need arises.  Direct Axis personal loans might even offer you an additional loan if your credit record is in good standing.

If your credit record is not so good, you might struggle to get a personal loan from Direct Axis. If you do not meet your repayment obligations, you could even end up being blacklisted with the credit bureau. If this does happen, you will most likely not be able to obtain a personal loan from Direct Axis.

 If you are looking to improve your credit score in order to get a personal loan from Direct Axis, there are a couple of things you can do:

One of the best ways to improve our establish a good credit record is to always pay your debt on time. If you are not able to pay, do not simply stop paying, let your creditor know about your issue.

Your creditor will more than likely be accepting and help you work out a payment play.

 If you want to check your credit record to get a rough idea of whether you will qualify for a Direct Axis personal loan, you can request one free credit check a year.

So, if you want to make sure that you can get a personal loan from Direct Axis when you need to, keep your payments up to date.

If you are thinking about applying for a Direct Axis personal loan, head over to the personal loans application page.

Recent Articles

Featured Ensure your family doesn’t feel the impact of your retrenchment

Retrenchment doesn’t only change the way you view yourself; it also alters the relationship between you and your family. Things can go from good to bad within a short space of time. But you can do something to prevent your family from feeling the impact of retrenchment.

Someone got injured on my property – now what?

Life is unpredictable and no matter how careful we are, accidents happen. But what if someone has an accident while visiting your house? Your guest could fall off the stairs, slip on the floor or get bitten by your dog. 

Are you ready for a house upgrade?

You moved into your home knowing one day you would need to make some changes to turn it into your dream home - add a new bedroom, a second bathroom, build a double storey or even move out.

How income protection can help you when you’re sick

Your greatest asset is probably your ability to earn an income, which provides a certain lifestyle and the capacity to take care of your dependants. That’s why it’s so important to protect your income against unforeseen illness or injury and to provide for your dependents after your death.

Deals

Baby Boom Toy Specials

Price: Available on request
When: Daily
Where: Online

Readers’ Warehouse Book Bundle Deals

Price: From R40
When: While stocks last
Where: Online

Bidorbuy Crazy Wednesdays

Price: From R1
When: Daily
Where: Online


Latest Guide

Complete guide on personal income tax