Credit Management

What is credit?

Credit refers to an agreement to buy goods or services with the express promise to pay for it later, with interest. You may have lent someone something and had the unfortunate experience of the item being returned in a poor condition, late or never returned at all. Not returning goods on time or returning them in a worn state, is similar to borrowing money and either not making the repayments on time or not paying the interest on time.

Saver Waya Waya WageWise is a financial literacy initiative of the ASISA Foundation. The WageWise website was largely funded by the Sanlam Foundation.