For todays youth who are eager to boost employment opportunities, travel, create new experiences, stay on top of the latest tech and embrace new trendsetting fashion, a good credit score is essential. Its not just a number, but a vital tool that opens doors to achieving these aspirations and enabling young people to finance their dreams and secure a successful future, writes Lerato Thwane, Head of Commerce at Tesserai, a division of Mettus.
Imagine the thrill of financial freedom where the possibilities of life are no longer just dreams, but tangible realities. Picture yourself landing that dream job, exploring distant lands and immersing yourself in vibrant cultures, savouring exotic cuisines that broaden your horizons, while you confidently showcase the trendiest fashions that make you stand out from the crowd.
While for many these aspirations may seem out of reach due to financial constraints, it doesn't have to remain an illusion. The key to unlocking these possibilities hinges on a critical yet often overlooked factor - a strong credit score.
While the term 'credit score' may frequently pop up in movies and popular media, its significance can often seem elusive, especially locally. Understanding what a credit score truly represents, including how its calculated, its influence on creditworthiness, and its role in shaping financial opportunities, is crucial.
Beyond the numbers and percentages, a good credit score represents trust and reliability, the very traits that open doors and build your path to a successful financial future. For the youth, building a favourable credit score is crucial as it lays the foundation for a stable financial future, empowers them to take charge and turn aspirations into reality.
