Lonwabo Mtyeku | Image Credit:Supplied
Johannesburg – 08 January 2026 — For millions of South Africans, access to credit remains frustratingly out of reach — not because they are reckless with money, but because they have never had the opportunity to build a credit record, or because past financial mistakes still haunt their profiles.
Yet experts say the door to financial freedom is far from closed.
According to FNB Credit Card CEO Product Head Thabiso Tshabalala, anyone — regardless of income level or financial history — can build a strong, positive credit profile. It simply requires understanding, discipline, and the right choices.
“Access to credit can unlock education, mobility, entrepreneurship and independence,” Tshabalala explains. “But it all starts with trust. Credit is built on consistent, responsible behaviour — not how much you earn.”
Here are seven practical, expert-backed steps to help South Africans build — or rebuild — their credit record.
1. Understand What Your Credit Record Really Is
Your credit record is essentially your financial reputation. It shows lenders how well you manage borrowed money — whether you pay on time, how much you owe, and how responsibly you use credit.
“It’s your financial report card,” says Tshabalala. “Even if you’ve never had credit before, you can start building a positive profile using small, low-risk financial products.”
2. Start Small — And Start Smart
While it may be tempting to apply for large loans or store accounts, Tshabalala advises starting with manageable products such as:
- Entry-level credit cards
- Student credit products
- Secured cards linked to savings
“Thousands of young people successfully start with limits as low as R1 000 and build from there,” he notes. “Credit should support your growth — not trap you in debt.”
3. Pay On Time, Every Time
Payment history is the single biggest factor affecting your credit score.
“Even one missed payment can damage your record,” Tshabalala warns. “Consistency proves reliability.”
Setting up debit orders or automatic payments ensures you never fall behind.
4. Don’t Max Out Your Credit
Using all your available credit can signal financial strain.
“Try to keep usage below 50% of your limit,” Tshabalala advises.
If your limit is R2 000, aim to use no more than R1 000 at a time — this demonstrates discipline and control.
5. Think Twice About Store Cards
Store cards may seem easy to obtain, but often come with higher interest rates and limited flexibility.
“A responsibly managed credit card offers more transparency, flexibility and long-term benefits,” Tshabalala explains. “It’s a better tool for building a strong financial future — including goals like buying your first home.”
6. Build Healthy Credit Habits Early
Strong credit is built through habits, not shortcuts:
- Check your credit report regularly
- Pay your balances in full when possible
- Avoid applying for multiple credit products at once
“These habits improve your profile and lead to better interest rates and easier access to major financing later in life,” says Tshabalala.
7. Rebuild Patiently If You’ve Had Setbacks
If your credit has been damaged, rebuilding is still possible.
“Six months of consistent good behaviour can already change your profile,” Tshabalala explains. “Banks reward improvement — not perfection.”
Maintaining a positive bank balance and using low-risk credit products can accelerate recovery.
Building Credit Is About Consistency — Not Luck
“Credit is built on trust,” Tshabalala concludes. “Respect it, nurture it, and it will unlock opportunities — from your first phone contract to your first home. Your future is shaped by the habits you practise today.”
For South Africans seeking financial independence, the message is clear: your credit journey can start today — and it can change your tomorrow.
