Credit Score
Quick Answer
What is Credit Score?
A credit score is a bureau’s rating of how reliably a person or business repays debt.
Credit Score explained
For small businesses, funders check both the business and the owners. Recent defaults and many simultaneous applications damage it; clean repayment history rebuilds it.
Who it applies to: Anyone applying for funding.
Cost: Free to check your own reports annually.
Related terms and guides
Official source: Gov.za
Always verify this information with official South African government sources. Rules, fees and thresholds change. Check SARS, CIPC, the Department of Employment and Labour or gov.za before you act.
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Last reviewed: September 2026 by the BizAnswers editorial team. How we write and check our guides.