Mendham, NJ, 25-May-2012 – MoneySmart wishes to report that credit report tracking is a key to successful financial management for South African residents. A credit report shows one’s open accounts and payment history. It can also be invaluable in preventing identity theft.
Obtaining a regular copy of one’s report can help him/her to identify incorrect information and dispute such entries in order to keep his/her credit record straight. It can also prove useful in tracking fraudulent accounts established in one’s name that can lead to bankruptcy or inability to obtain a loan when it is truly needed.
Financial management goes beyond simply tracking one’s credit. It also incorporates the creation of a budget that allows one to track exactly where one’s money is being spent. This is useful in determining what spending is truly necessary and where one can reduce it in order to save for the future and meet his/her financial goals.
For more information about how a credit report is a key to successful financial management, interested South Africans are encouraged to visit http://www.moneysmart.co.za/credit/credi
Justin Harrison Marketing
PO Box 311
Mendham, NJ, USA 07945
Phone: + 00 1 973 531 4982
Fax: + 00 1 973 543 5683