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I Have a Low Credit Score and Want to Consolidate My Debt. Will I Qualify?
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I Have a Low Credit Score and Want to Consolidate My Debt. Will I Qualify?

This is a real question we received on WhatsApp recently, and it’s something we hear often. Many South Africans with low credit scores feel overwhelmed by multiple accounts and believe a single consolidation loan is the solution. But the truth may surprise you. The Misunderstanding About Consolidation Loans Many people think debt consolidation loans are...

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Report Loan Scams

Important Notice: Protect Yourself from Scammers Posing as Premier Finance We want to bring to your attention the unauthorized use of Premier Finance’s name for loan scams. We are taking action to address this issue, but it will take time to resolve. In the meantime, we have prepared this article to provide you with details...

Affordability
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Affordability

There are two main factors that lenders consider when deciding to approve your loan. The first factor is your credit score. Lenders first do a credit check on your id number to see how you have been managing your current credit. If your credit score is below 600 points, your application is automatically declined. However,...