Majority of Credit Active Consumers Don’t Know Their Credit Score
Personal finance and price comparison website, www.justmoney.co.za, found that the majority of respondents that participated in its poll in July 2012 did not know their credit score.
Cape Town, South Africa, October 21, 2012 --(PR.com)-- The results of a poll conducted by Justmoney reveal that many consumers fail to realise the importance of knowing their credit score, also known as a credit record. Almost three quarters (73%) of people polled on Justmoney, South Africa’s online guide to money, said they did not know what their credit score was. The flash poll also revealed that only 18% knew their credit score, while 9% didn’t know what a credit score referred to.
“Knowing your credit record is vital, as it is an indicator of your creditworthiness. Credit scores are used b...