Do you report payments to credit reference agencies?

Yes. We partner with credit agencies to report on your instalment payments, giving you the opportunity to build your credit score and credit file history. This is important because all lenders will refer to these when you apply for a credit card or loan.

The single biggest factor that contributes to your credit score is making on time payments. Demonstrate consistency in this and credit agencies will increase your credit score. Conversely, a missed payment will negatively impact your credit score.

We automatically collect instalment payments from your debit card. You can see the amounts and due dates on the app. You can also make an early payment on the app.

*Additional credit checks may be done every 6 months.