Latest News

Five ways to be credit smart

Five ways to be credit smart

Good money management does not only mean building up savings to meet your goals, it’s also about being able to use credit responsibly to help you achieve your goals.

Emma Mer, CEO of FNB Personal Loans says the average South African adult can relate to a situation where they require access to money to solve for a specific need, and a Personal Loan is often the ideal product because of its structured repayment term and ease of accessibility.

“Whether it’s to cover a shortfall in your child’s education savings, to take care of medical and family emergencies or to top up savings for your special wedding day – we all know about significant life events where you need access to money,” Mer says.

Mer says that Personal Loans play an important part in the life of South Africans; however she also reminds us that “every consumer has a duty to manage their Personal Loan responsibly in order to keep their finances and credit worthiness intact.” Borrowing for every day expenses or for luxury items that aren’t a necessity is not a wise decision. It’s better to save up for such items and to manage every day expenses carefully within a budget.

Mer provides the following useful tips to help you become “credit smart”:

  • Borrow from a trusted provider: It can be very enticing to have credit providers offering you deals, but be very selective about where you borrow money. It’s safer to borrow from a bank as they are governed by strict industry rules.
  • Do not over extend yourself: This is where financial discipline becomes important. Avoid the temptation to borrow more than you require as this could have a negative impact on your disposable income and your credit record if you become unable to repay.
  • Choose a Personal Loan amount and repayment term that makes your instalment manageable: The term you choose to repay your Personal Loan is important as it directly impacts your monthly instalment Make sure you can afford your repayments. Should you be able to pay off your Personal Loan early, FNB will not charge you any penalties.
  • Pay on time: Paying your Personal Loan on time is important in order to keep a good credit record, which determines your ability to get credit in future.
  • Pay by debit order: Paying via a debit order is one of the easiest, most reliable and cost effective ways to meet your repayment obligations.

“At FNB, we encourage our customers to first apply with us. Customers who bank with us typically do not require any documentation to complete their Personal Loan application, and can access a Personal Loan quickly and easily through our various channels,” says Mer.



Get It Magazine (Ballito/Umhlanga) April 2018

View magazine

April spoil

…feel the vibe!


WIN a SKIN by Aldytha skincare system

We have a personalised SKIN by Aldytha skincare system worth R3500 to giveaway to one lucky Get It Magazine (Ballito/Umhlanga) reader. The hamper will comprise of up to six products especially selected to suit your everyday skincare needs and concerns.


WIN a copy of The Guinea Fowl’s Spots

What better way to learn about our beautiful African birdlife than through a collection of short, unique folktales? Passionate about sharing the tales of Africa, North Coast author Dianne Stewart has collected and retold these stories in a way that is easy to understand accessible to all audiences in her new book The Guinea Fowl’s Spots (and other African bird tales).


Getting gourmet at home

Let’s face it, budgets are tight and eating out has become somewhat of a treat. But we’ve found the perfect solution… restaurant food at home! 


WIN designer wine

If you love Carrol Boyes’ gifting and homeware, and you love good wine, then you’re definitely going to love the all-new Carrol Boyes Wines range. 


Cadbury Dairy Milk Chocolate Easter hamper

Who doesn’t love Peter Rabbit? Who doesn’t love Cadbury?


March spoil

We know you aren’t a snob…but we definitely think you would look good in a pair!

is a national brand of premium free magazines available in centres across the country.

Click here

to see other Get It magazines in the network.