#Fnb app how to#
#Fnb app free#

#Fnb app how to#

How to fix it: Use more credit and use it responsibly. As far as I’m aware, they look at the last 24 months of bureau records. If you’ve never used credit before, or if you’ve abused credit, then your score will be negatively affected here. Here are the factors that FNB looks at when deciding on your credit status. All your credit status factors should at-least be green, if not, then dive into each one and find out how you can improve them. If your overall FNB credit status is low, then I suggest focusing on the few factors that have a bad rating. How To Improve Your Credit Status With FNB In the next sub-heading, I’ll go through every single one of these factors and I’ll explain how you can improve your score on that specific factor. This tells you exactly what area you need to work on to improve financial decisions, and ultimately your credit status. In this home section, FNB not only tells you how you can improve your credit status, but they actually give you a score illustrated by a little coloured circle on the left of every single scoring factor. ‘How to improve my credit status’ section. And view under the ‘How to improve my credit status.’.Hit the ‘back’ button to go back to the main screen.That moves me on to the next amazing little feature that this credit status tool can help with. If you’re unlikely to get credit then rather work on improving your overall credit score first before applying for more credit. So we can use this information to decide if it’s worth applying for credit in the first place.

This is helpful information because applying for credit can hurt your credit score. Once in it will show you different credit options, for example, personal loans, credit cars, and home loans, along with a circle around each one that indicates how likely you are to get approved for each one. You’ll notice there’s a button ‘What credit do I qualify for?’ Tap on it. What I find really interesting and helpful is the information under this line. The gauge ranges from red at the left, “Needs work,” to dark green at the right “You’ve got this.” Your current score will be shown by a little blue marker somewhere in between.

Once you’ve logged into the tool you’ll first see a colourful measuring line that gauges your over-all FNB credit status from left to right.

#Fnb app free#

Which makes it a handy and free credit status tool. While you don’t exactly get a credit score number that we’re used to seeing from companies like Experian and Transunion, it’s worth assuming that your final FNB credit status also applies to how likely other banks and lenders in the country will give you credit. Your FNB Credit Status Fully ExplainedĪs a quick introduction, the FNB credit status report lets you know how likely you are to receive credit from FNB.įNB sources the last two years of your financial data from credit bureaus in South Africa, coupled with any other financial data FNB can obtain when deciding your final score.

If you’re wondering exactly what this information means to you, then keep reading. Once you’re in, you’ll notice that your credit status is displayed on a line that ranges from red to green.

You’ll now see your personal ‘credit status’.

You might need to approve the terms and conditions of this is your first time using this feature.

Finally, tap on the ‘Credit status’ tab.

Scroll down and tap on ‘nav-igate life’.

On the top left of your screen tap on the hamburger ‘menu’.

Video can’t be loaded because JavaScript is disabled: How To Check Your Credit Score On The FNB Mobile Banking App (First National Bank) ()