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Credit score

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thuliciuos9
Occasional Visitor

Hello

 

Please help me understand your credit score calculations for home loans first time buyers. 

On what is the minimum score that you give a home loan?

 

Thank you

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3 REPLIES 3
Marius1102
Occasional Visitor
Hi can you please assist me with my credit score rating
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T21
Occasional Visitor
I want to know that do I qualify to take a loan
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Community Coordinator

Hello @T21,

 

Please note that you will need a minimum monthly income of R8000 in order to qualify for or Revolving Credit Loan. Kindly note you are able to apply for an RCP on our portal making use of the following link: https://www.standardbank.co.za/southafrica/personal/products-and-services/borrow-for-your-needs/pers.... After your application has been captured, your consultants will contact you within 2 - 3 days to assist you further.

 

Kind Regards,

Mandy

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