Author: Daisy Moraa

In the previous article, we covered the basics of what credit cards are. In this article, we will cover credit scores, and by the end of the article you will know: What credit scores are How to improve credit scores   Credit scores, also known as credit ratings, are created from the financial information in your credit report, also known as the credit file. Each country has a body or institution that holds an individual’s credit report. The information in your credit report comes from your financial activity with banks and lending facilities. Your credit report will be used by…

The usage of credit cards in the African landscape is on the rise, and many are yet to be well acquainted with the difference between a credit card and a debit card. Both are given by banks; they look the same, and they seem to perform the same functions—they can be used at ATMs, at malls, and to make online purchases. So what is the difference? Having and using a debit card depends on the amount of money you have in your bank account. When you have money in your account, you can use the card to make purchases, withdraw…